:: Last Time GoldNames ::

This weekend David, the founder of GoldNames, gave a reviling interview in Maariv. I know, there is usually nothing to read in Maariv, and you are all wondering why am I reading it. Well, a few months back they had this great offer for 60 NIS a month and I was tempted. I am paying the full price since the three-month grace period ended and though I want to cancel it, I always forget. Which just goes to show how subscription business models work. Oops, I'm out of focus. Back to GoldNames.

The interview is amazing. David tells how successful the company was. How he envisioned the idea when he registered his first domain in August 1999. How he had over 50 employees. How respectable investors gave money. What great press coverage they got. Bla, bla, bla. 2 point something down the drain. But this is all gossip and you can read this at Maariv site anyway.

The thing here is the title Maariv gave this.

"A personal angle on the High-Tech Crisis".

High-Tech?

There is nothing High-Tech about setting an investment bank for domain names (what is this anyway?).

Nothing.

And as GoldNames is just an example, it made me think.

Our Jewish roots are coming back. A lot of the Wadi is unfortunately not doing High-Tech at all. It is doing what Jews are good at. It is not a bubble. It has another name.

Luftgeschaefte.

Wadi Writer #1 (Gray)
WadiList@mail.com

Links:
http://www.maariv.co.il
http://www.goldnames.com

Related Wadi List Issues:
:: 1994 :: http://oocities.com/wadilist/0001.htm
:: Last Time Hypernix :: http://oocities.com/wadilist/0086.htm
:: Evidence :: http://oocities.com/wadilist/0099.htm
:: Shrinkage :: http://oocities.com/wadilist/0131.htm