JOBS Act crowdfunding is unlikely to help most startups

Earlier this year I wrote a series of columns about crowdfunding and the JOBS Act, which was signed into law last April with several goals, one of which was to help startups raise money from ordinary investors. Those columns were about the promise of crowdfunding and the JOBS Act while this one is about what progress has been made so far toward that end. For startups, alas, the news is not entirely good. Crowdfunding looks like it may not be available at all for the smaller, needier companies the law was supposedly designed to serve.

It’s one thing to pass a law and quite another to write rules to carry out that law. Title 3 […]

Geek Idol: A Competition to Promote Competitiveness

A couple weeks from now we’re going to start serializing my 1992 book Accidental Empires: How the Boys of Silicon Valley Make Their Millions, Battle Foreign Competition, and Still Can’t Get a Date. It’s the book that was the basis for my 1996 documentary TV series Triumph of the Nerds and ultimately led to this column starting on pbs.org in 1997.

What goes around comes around.

We’ll be serializing the complete 1996 paperback edition which is 102,000 words in length, pumping the book onto the intertubes at around 2,000 words per day. In about 51 days, give or take a bit, we’ll put the entire work on the web with no ads and no subscription fee, just lots and lots of […]

Bug or feature? eBay drops wildcard search

eBay, the dominant auction site, this week took away from users the ability to search auction listings with wildcard keywords, which can be very useful to buyers looking for very specific part numbers or product series. It is (or rather was) easy to store wildcard searches on eBay as a powerful way of drilling down through millions of items as they are listed. No more. And eBay’s reason for eliminating wildcard searches? “Our research showed that using specific terms to expand one’s search was a more effective method than wildcard searches, which oftentimes included unexpected variations that cluttered search results. By removing the wildcard (*) advanced search functionality, we’re able to deliver search […]

Ad networks are killing the Internet. My answer is Cringely 3.0

One of my predictions back in January was that there would be no more predictions from me — that I would retire or otherwise significantly change what I do in this space at some point during the year. Well that point — the first of several, actually — is almost here. If my PBS blog was Cringely 1.0 and this space has been Cringely 2.0, get ready for Cringely 3.0, which will start subtly in a couple weeks with a change in how I use advertising on this rag.

We read a lot about how newspapers and magazines are dying at the hands of the Internet but there is hardly anything written about how […]

Steve Ballmer’s Dilemma

Napier & Son was the most successful British manufacturer of aircraft engines in the 1920s and 30s with their 12-cylinder Napier Lion powering 163 different types of aircraft between 1918 and 1935. Over that 17 year period the Lion grew from 450 to 1350 horsepower and was, for awhile, the most powerful aircraft, boat, and car engine in the world, holding world speed records in all three venues at the same time. And then the Napier Lion was suddenly gone — a lesson from which Microsoft’s Steve Ballmer could benefit if he and his company don’t repeat it.

Napier perfected their Lion engine over those 17 years, improving it in every way until it was the […]