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Two Million Bucks? 19 February 2001 Edition
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According to news reports, INL's news website stuff.co.nz cost them some two million dollars last year.

I guess that old adage -- the more money you have, the more money you spend certainly rings true when it comes to Internet-based ventures.

Readers Say
(updated hourly)

From Friday...

IndraNet Technologies is ok in my books... - Michael

Have Your Say

Now maybe my sweat-equity and entrepreneurial roots are showing here but I find it incredible that any website along the scale of Stuff.co.nz could cost $2m to set-up and run for a year -- particularly when the raw content used by the site is already being produced by the print division of the company.

Perhaps these costs were a carefully choreographed piece of accounting with lots of intra-company billing in which the Stuff.co.nz cost-center was required to purchase services and product from other parts of the corporation at rates which don't actually reflect the cost of supply -- this is not uncommon nor unreasonable when taking a holistic approach to profits.

However, I must say that if someone gave me $2m with which to build and run a small NZ-focused news site I'd sure as hell give them a huge wad of change at the end of a year.

And it could hardly be said that I'm talking through a hole in my head -- after all, I created then ran 7am.com for over two years for well under a tenth of that amount -- and at the same time built a global audience which is probably some ten times larger than Stuff.co.nz.

Okay INL -- here's the deal: I'll run Stuff.co.nz for you and double its audience so long -- so long as I can keep just half of the money I save you in the process.

Not only that -- I'll show you how you can leverage your online operation to do what few other online news operations have been able to do -- turn a very healthy profit.

Burn That Browser?
In light of my propensity to criticise those who build websites which only work properly when viewed through the latest version of Internet Explorer I read this story from CNet with some amazement.

According to the bunch of idiots calling themselves WaSP (the Web Standards Project), web designers are quite within their rights to discriminate against those idle and indolent Net users who have the sheer arrogance not to be using the latest and greatest browsers.

What a bunch of lazy sods!

I don't know what colour the sky is in their world but they clearly don't realise that some Net users don't want to replace their Netscape 4.x with a buggy and problematic Netscape 6. Likewise there are an increasing number of "users" out there who are not computer literate and don't feel confident enough to download and install a new browser. These people are quite happy with the browser version that is presently installed on their PC.

Also, given the rate at which Microsoft is alerted to, and plugs, holes in its newly released browser products -- why should this group of up-starts expect Mr and Mrs "average" to spend hours of their valuable time just downloading and installing new browser software just to make life a little easier for this tiny group of lazy web designers with an attitude problem?

What next -- a lobby that suggests we regularly upgrade our roads so as to make them incompatible with last year's cars and thus force drivers to upgrade their vehicles every few months?

Come on guys -- quit whining and just do your job properly.

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There are 2 New Press Releases today

Latest
Security Alerts
Group Warns Against E-Mail Wiretap (AP - 6/02/2001)

Multiple Vulnerabilities in BIND (CERT - 29/01/2001)

Windows Media Player 7 opens system for hackers (IDG - 18/01/2001t)

Net worm hobbles Linux servers ZDNet - 18/01/2001)

Interbase Server Contains Compiled-in Back Door Account (CERT - 10/01/2001)

AIM Flaw Could Open Users' Computers to Attack (InternetNews)

Latest
Virus Alerts
Kournikova virus smashes Net (ZDNet - 13/02/2001)

Melissa-X disguised as Mac doc (ZDNet - 22/01/2001)

Kriz virus makes return appearance (ZDNet)

Tool to beat killer Xmas virus promised (IDG)

Virus: Snow White not so innocent ZDNet

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Copyright © 2001, Bruce Simpson, free republication rights available on request

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