Bloom's Day

Completely random thoughts about a wide array of subjects

Why is equity valuable in the Valley? Because it’s assumed that the entire point of the business is to exit or IPO. From a certain point of view, a Klout only exists in order to make a big exit for a relatively small investment, and that exit fuels any number of further investments. However if you take the exit/IPO option away then equity becomes what exactly? Shares that’ll never multiply in value. They become deadweight unless you can get percentages of revenue or profit, which is impossible for many Valley businesses. The sale is necessary, vital even, to keep the wheels turning.

But most games people don’t want to sell. Like ever, if possible. Maybe they’ll sell to retire, get bored or if business conditions change such that their studio is no longer viable. But mostly not. Instead what they value is creative freedom to make the games they want to make, opportunities to make awesome games and opportunities to make money selling games. And that’s it. Only a few really want to get into the technology business, or anything that doesn’t involve getting to make games.

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A key quote from a really smart perspective on the difference between video game creator culture and tech creator culture. Lots of tech people presume that game makers, many of them located in the Bay Area and dependent on tech platforms for distribution, are Just Like Them. Nope. As this piece suggests, they’re much closer to Hollywood (or to the indie film community) in mindset.

What Games Are: Valley People And Games People | TechCrunch

My new sounds:

My new sounds:

Eels: Where I'm From - Today's (Free) Top Tune on KCRW

Happy birthday to Eels frontman Mark Everett one of my favorite quirky alt-rock musicians. Today, KCRW is giving away a song off his new album.

With $80 Million in New Capital, Quora Still Has No Business Model - Digits - WSJ

An interesting Wall Street Journal blog post on what Quora is going to do with another $80 million in just-secured funding, even as it still has shown little effort in creating an actual sustainable business model.

I quite enjoy the site, in part because some of the responders are quite notable (the actor and raconteur Stephen Fry, for instance, can’t help being both quite interesting and quite entertaining in his responses on a range of topics).

My new sounds:

My new sounds:

Mark Whalen (Kill Pixie) opening of new ceramics, acrylic/gouache/ink pieces pretty cool in unexpected ways. Also like the oils here by Julian Meagher. #art  (at Merry Karnowsky Gallery)

A Lot of Top Journalists Don't Look at Traffic Numbers. Here's Why.

Great piece on why some online journalism sites show their writers detailed traffic numbers on their stories, and others refuse to do so. Depends on the kind of site you are, I guess.

We’re all chasing traffic, but as even Gawker’s Nick Denton notes, some traffic is worth far more than some other kinds. Figuring out how to keep track of those is probably a much bigger deal in the long run.

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