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Parts Sold Separately and Batteries Not Included

missing piece

Recently I purchased a printer form Amazon.  After spending around 15 minutes setting it up I realized that the printer didn’t come with a USB cord to connect to my laptop.  “That’s strange” I thought, surely they just forgot to put it in the box.  I started flipping through the manual pages to make sure I had all th necessary parts.  Sure enough it was no mistake, the printer is not supposed to come with a USB cord.  So there I am with my printer all set up, ink cartridges in place, printer header aligned, and all the proper instructions follows.  However, I am unable to do what the printer is supposed to do…PRINT!

Now, I’m trying to put myself in the shoes of the guy that was in charge of making the call to not include a USB cord in the box and for the life of me I can’t figure out how that decision was made.  Somebody actually decided that it was a good idea to not include the cord to connect to the P.C.  Just so you know a USB cord actually costs around another $25 dollars from Staples, so I just ordered one on Amazon for $4.

By not including the essential cord with the printer Canon has managed to turn what should have been a pleasant and exciting experience for me, into an irritating hassle.  If a printer costs several hundred dollars, throw in the damn cord next time mmk?

It’s funny when you think about how many products come with the disclaimer that says: “parts sold separately,” or “batteries not included.”  Why is this the case?  Why shouldn’t a paying customer be able to operate whatever he purchased right out of the box?  Why should the customer have to go buy something else to make your product work?  The answer is he shouldn’t.

have you ever purchased a product or service that was incomplete?

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July 20, 2008   No Comments

How Do You Define “Beta?” Is Your Company in Beta?

We have all heard the term “beta” and I’m not talking about the dreadful beta used in statistics or in stock risk calculations.  I’m talking about the “beta” we see before virtually every new tech company that emerges.  Just take a look at the web 2.0 directory and you will see that a fairly large portion of the companies have “beta” written just after (or before) their company name.  But what does the beta mean?  Well beta is supposed to mean that the company has a product that they wanted to test out on a few people, then, when testing is complete, the company will move out of beta and will officially launch to the public.  OR Beta can mean “we’re covering our ass in case something goes bad, that way, we can just tell people we’re in beta and problems are expected.”

There are a few things to know about “beta”

  • Until you fully launch and open your doors to everyone (unless it’s a restricted service) you’re in beta
  • If you are still testing anything, you are in beta
  • If you just launched your product but you haven’t tested it yet, guess what, you’re still in beta
  • Beta is not meant to justify problems, it’s more of a “be patient and work with us” notification
  • If you don’t know if your company is in beta, then it’s most likely in beta
  • If you are scared to announce yourself because of competition, you’re in beta
  • You probably should not be in beta for more than 1 year max, otherwise you probably have some problems
  • If you are in beta then you should be constantly rolling out new features and fixing bugs, beta is not a stage during which you sit around, beta = product development at a rapid pace
  • Beta is all about taking the feedback you get from your beta users and turning it into something tangible, like a new feature or design element

Beta has become almost cliche, it’s a term that virtually every new startup attached to itself.  Some beta companies do not even know they are in beta.  Other companies are in beta but tell users that they are not because they want to appear more established.  Either way, let’s start using the term “beta” for what it really is.  Beta means:

“The initial development and testing stages of a product or a company that relies heavily on feedback from beta testers.  During the beta stage a company should make observable and measurable changes and improvements based on beta tester feedback.  Beta also means developing the business side of a company from pr to marketing and go to market strategy.  Post beta means opening up the flood gates and being able to handle it.”

How else would you define beta?

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July 19, 2008   1 Comment

Do Some Things Seem Backwards to You?

I was just talking with a friend of mine and we were discussing how backwards some things are.

For example:

Hot girls with not so hot guys

Good looking guys with no so good looking girls

Companies getting funded without business models

The abundance of choice causing buyers remorse and non maximized satisfaction

Talent being recognized after someone’s death

Telling someone not to do something actually makes them do it

What are a few other things you can think of that seem backwards?

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July 18, 2008   4 Comments

Why Go Daddy Doesn’t Get it Part 2

godaddy logo

A few months ago I wrote about how GoDaddy’s inability…or lack of willingness to help customers work with wordpress, was a big mistake on their part.  With the amount of blogs in the world and with wordpress being the most widely used blogging solution, you would think that GoDaddy would offer some sort of courtesy help to sync up wordpress, but of course they don’t.

More recently GoDaddy botched up an attempt to get the new “.me” domains working and a lot of people were quite upset.  GoDaddy won the rights to own “.me” domains and there was a lot of anticipating and excitement behind its release.  But when the time finally came to register the “.me” domains, this is the message that folks received:

“Dear “your name here,”

The following domain name has failed to be registered:
WATCH.ME
Error: WATCH.ME: cannot register - already registered
We will evaluate this error and retry the registration
if appropriate.
If we are unable to successfully register the domain
name, your account will be credited accordingly. Please
allow one business day for the refund to be processed.”

Apparently the overwhelming domain that has been building up for months came as a shock to GoDaddy, and their servers were just overloaded.  Hmmm…..lot’s of folks waiting for the “.me” domain for months and now a sudden surge in demand?  Big shocker there huh?

did any of you try purchasing a .me domain?  what do you think of godaddy in general?

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July 18, 2008   2 Comments

Breaking News: Yahoo Will Sell to Microsoft for $33/share?!

Here is the letter that Jerry Yang sent to stockholders

Dear Fellow Stockholder:

The recently-formed Carl Icahn-Microsoft alliance continues to make misleading statements about their plans for Yahoo!. Your Board of Directors believes strongly that the Icahn-Microsoft agenda -as presented to us jointly last week - will destroy stockholder value at Yahoo!, serving only their very narrow special interests, clearly not your interests.

Your Board continues to work to maximize value for you and is taking the following steps to do so:

– Moving forward with our strategic plan and strategies to lead in online advertising - with both search and display;

– Preparing to implement our recently signed commercial agreement with Google that will increase cash flow;

– Continuing to explore other ways to unlock value and return value to you such as unlocking the value of our Asia assets; and

– Remaining open to negotiating a value creating transaction (including with Microsoft) that provides real and certain value - not just the possibility of value.

In contrast, let’s review Carl Icahn’s brief involvement with the Company to date.

Carl Icahn bought his stock two months ago for an estimated average cost of less than $25 per share. He is well-known as a corporate agitator with a short-term approach to his investments. His short-term approach gives Mr. Icahn a strong incentive to strike any deal with Microsoft that enables him to recover his investment and get back his money quickly, even a deal that does not provide full and fair value to you. Is that in the interests of all stockholders? Clearly, it is not.

Mr. Icahn has severely handicapped himself in his ability to negotiate a favorable transaction with Microsoft. Why?

– Mr. Icahn has made it clear that his only objective is to sell part or all of Yahoo! to Microsoft. That fact, combined with his lack of an operating plan going forward, means that he will have no leverage to negotiate a fair deal with Microsoft. He has set himself up for failure.

– Second, Mr. Icahn and his slate lack the working knowledge of Yahoo! and its Internet business needed to do two things that are required to successfully deliver a value-enhancing transaction for Yahoo! stockholders. First, they do not have the detailed knowledge to negotiate a complex restructuring of a large, innovative high technology company in a rapidly changing environment. Second, they do not have the hands-on experience to manage and lead Yahoo! during the approximately one year period estimated to be required to gain regulatory approval for a deal or to manage and lead the remainder of the Company (non-search) after a transaction is completed. Don’t take our word for that. Mr. Icahn will be calling the shots if his slate wins and yet Mr. Icahn himself told the Wall Street Journal last fall: “Technology hasn’t really been one of the things I’ve focused on too much before” and “It’s hard to understand these technology companies.” That’s why you need a knowledgeable, experienced and independent board to represent your interests vis-a-vis Microsoft.

Mr. Icahn can’t make up his mind about what he thinks will work for Yahoo!. He bought his position believing that he could bring Microsoft back to buy all of Yahoo!, at one point suggesting we publicly offer to sell Yahoo! to Microsoft for $34.375. But he didn’t do enough due diligence to determine what your Board already knew: that it was Microsoft’s decision to walk away and that it had rebuffed repeated efforts by your independent directors to get a whole company acquisition back on the table. Recognizing that a sale to Microsoft might not be an option, Mr. Icahn said as an alternative that we should enter into an agreement with Google (which we were already negotiating and subsequently signed), and that we should walk away from Microsoft’s search-only proposal (which we did after careful evaluation of that proposal). Then, in an extraordinary flip flop, Mr. Icahn teamed up with Microsoft and embraced their latest joint search-only proposal–even though it involved significant execution and operational risks and was fraught with flaws that made the “headline value” asserted by Microsoft and Mr. Icahn more illusion than reality.

How can Yahoo! stockholders trust Mr. Icahn to deliver what he claims he can deliver when his actions have been so contradictory -and when all he has delivered so far is a risky proposal of questionable value from his new friends at Microsoft? Yes, the Microsoft/Icahn proposal is somewhat of an improvement over Microsoft’s last search-only proposal, but no one should confuse a modestly improved offer with a good offer. The Icahn/Microsoft proposal was more “smoke and mirrors” than objective reality.

Now let’s turn to the recent marriage of convenience between Microsoft and Mr. Icahn.

This “odd couple” collaboration - between two parties with keenly different agendas - is indeed perplexing. Why does Mr. Icahn believe he can count on Microsoft to complete a transaction? Certainly Microsoft is a well-respected and successful company and we have been clear that we are fully prepared to do a deal with them. But Microsoft’s flip flops and inconsistencies over the past five months are so stupefying that one can only conclude that Microsoft was never fully committed to acquiring Yahoo! either because:

– Microsoft can’t decide what is and isn’t strategically important to its online business; or

– Microsoft is more interested in destabilizing a key competitor so that it can either enhance its competitive position or buy our highly valuable search business–and the enormously desirable intellectual property associated with it –at a bargain basement price.

Microsoft desperately needs to improve the performance of its online services business (consisting of its search and display assets) which, cumulatively since 2003, has lost money despite billions of dollars of investment. And yet Mr. Icahn would ignore this track record and its implications for his fellow Yahoo! stockholders, swallowing a deal that leaves Yahoo!’s future dependent, in part, on Microsoft’s ability to monetize search. And, as Mr. Icahn has himself pointed out, it would eliminate any opportunity we may have to sell the entire Company for an attractive premium.

In contrast to the conflicting and confusing statements emanating from the Icahn-Microsoft alliance, your Board and management have been crystal clear about our position.

First, we will sell the entire Company to Microsoft for $33 per share or more if Microsoft will negotiate a transaction that delivers certainty of value and certainty of closing. This is the simplest, most straightforward way to maximize value for you.

Second, we remain open to selling only search to Microsoft as long as it provides real value to our stockholders and resolves the substantial execution and operational risks associated with the separation of our search and display businesses.

Third, your Board takes seriously its obligation to examine all value-creating steps it could take and continues to actively examine many of these now, including a potential spin-off of our Asia assets and a return of cash to stockholders. These are steps Yahoo! could take, if we determine they are feasible and in our stockholders’ best interests, without any “help” from Microsoft or Mr. Icahn. But they are complex steps that require care and prudence. These should not be adopted simply because Mr. Icahn and Microsoft are trying to dress up Microsoft’s inadequate search-only proposal.

While your Board continues to evaluate the foregoing avenues, your current Board and management continue to execute on our strategy to grow the value of our unique collection of assets. That strategy is working and we believe it can result in substantial double digit growth in operating cash flow as we move forward. Our recently executed search advertising agreement with Google reflects our commitment to achieving our strategic goals, while preserving flexibility to pursue a sale of the Company or even, on the right terms, a sale of our search business.

Please compare and contrast the straightforward, responsible actions and positions of your Board of Directors with the behavior of Mr. Icahn and Microsoft.

There you have the situation, as we see it, put as simply and clearly as we can. We believe the Icahn slate and agenda present significant risk to your investment in Yahoo!. We believe you cannot count on Microsoft to bail out Mr. Icahn’s misguided agenda, at least not on terms that are in the best interests of Yahoo! stockholders.

In contrast, your Board remains fully prepared to represent your interests aggressively and conscientiously in the effort to maximize value–whether that takes the form of negotiating a transaction that provides full and fair value, with certainty; finding other ways to unlock and return value to you; or moving forward with our accelerated strategies to lead in online advertising.

Your Board of Directors remains committed to maximizing stockholder value. It is–and will remain–our number one priority. Do not be fooled into thinking otherwise by Carl Icahn.

We strongly urge you to vote your WHITE Proxy Card today for your current Board of Directors.

Thank you for your support.

Roy Bostock Jerry Yang
Chairman of the Board Chief Executive Officer

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July 17, 2008   No Comments