Facebook is going to die!! Article for the day 30 August

Facebook is in the news with its share price closing above its IPO price of $38 for the first time since May 2012 when it was launched. What is puzzling is the sky high valuations that they seem to be getting. Hi5 died, Orkut died. What makes Facebook so invincible? As the article summarizes -

Because we'll all have to start the stupid cycle over again. Teens find cool, new toy. Parents discover it a few years later. Teens leave. Cool, new toy goes out to pasture.

http://www.adrants.com/2013/08/this-is-how-facebook-is-going-to-die.php

P.S. The logic behind these posts can be found in this post

Wake Up India? - Article for the day 29 August

So right now the news is filled with Rahul Gandhi, Modi, the stock market, rupee falling, gold skyrocketing and the current account deficit. So this statement rung very very true

We moved on unconcerned to do what we love doing: crib about the sorry state of the country and play blame games, damning every political outfit in power, only to re-elect them as able political alternatives at another point of time.

http://www.firstpost.com/blogs/wake-up-india-neither-modi-nor-rahul-will-solve-your-problems-1042625.html

What is the solution? Well for one, get out of your armchair and vote the next time there is a election. There is a holiday for a reason. For everyone of you that says what will my vote make a difference; there is a politician saying that I don't care what the educated elite think since they don't vote anyway.

P.S. The logic behind these posts can be found in this post

 

Real-Life 'Iron Man' - Article for the day 28 August

I have written about Elon Musk in the past. However, this headline just merited a full post to itself. I mean who can resist a title like

Here's More Proof that Elon Musk Is a Real-Life 'Iron Man'

The next one that came up was

Tesla outsells Porsche, Jaguar, others in Calif

Interestingly these seem more like marketing campaigns. At sometimes you are comparing brands
The swoopy electric sedan outsold all models from other luxury brands Porsche, Volvo, Lincoln, Land Rover and Jaguar

and at other times specific models
With 4,714 new Teslas registered over the six months, it even topped some established conventional luxury models like Lexus GS, at 2,298, and Audi A6, at 1,619

I haven't done a lot of research but in a state like California which enjoys sunshine through out the year and the Toyota Prius is the best selling car, this doesn't seem like as big a win as it is being made out to be. It seems more like a case of keeping the company and its founder in the media to build awareness.

I guess, there is no point building the best product in the world, unless you know how to market it. Given the number of things that clamor for our attention on a daily basis, good products might not just sell themselves.

P.S. The logic behind these posts can be found in this post

Narendra Modi is communal - Article for the day 26th August

I came across this today and was laughing real hard.It really shows how our media amplifies things out of context. Can we have a real discussion please? External policy, Economic decisions, Safety and security. All these need to be answered rather than these straw men

http://www.theunrealtimes.com/2013/07/17/in-pictures-the-fallout-of-narendra-modis-hindu-nationalist-remark/

P.S. The logic behind these posts can be found in this post

Rupee falling ? Let's get a new rupee - Article for the day 23 August

This tongue-in-cheek article makes some really interesting points. I especially liked the


A side-benefit: those Pakis sending us fake currency notes will be left with a lot of unbankable notes. And so will our black money holders.

The article is at www.moneycontrol.com/news/rupee/forget-36-re-1-=-15-cents-we-neednew-rupee-for-india_939423.html

Also, this won't be the first time that a new currency is used to stabilize a financial system.
http://www.npr.org/blogs/money/2010/10/04/130329523/how-fake-money-saved-brazil

 Ghana has also done this in the past
http://en.wikipedia.org/wiki/Ghana_cedi#Second_cedi_.28GHC.29.2C_1967.E2.80.932007

P.S. The logic behind these posts can be found in this post