Echoing my eye-rolling post from earlier this week………

Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
I’ve written about the genetic testing company 23 and Me (symbol ME) on occasion. As I’ve stated in the past, when the company first appeared, I actually signed up for a test, since I stupidly thought they would provide all kinds of helpful information about, for instance, the likelihood of me getting various kinds of cancer.
Instead, the company was so scared of providing anything actionable, they stuck to really stupid stuff like – – and I’m not making this up – – how hard your earwax probably is. I’m not surprised this company is down about 98%, and I imagine they’ll declare bankruptcy within a year’s time.

Where is the business model here? WHERE? And how on earth did Evan Spiegel become a MULTI-BILLIONAIRE off a business which has, over its history, merely LOST OVER TEN BILLION DOLLARS?

Anyone worth their salt knows that Paypal stopped being innovative in about the year 1998. It’s always about a decade behind the times, and for me, as a vendor who uses Paypal, I find it frustrating that it lacks even the most basic reporting tools. In short, it sucks, which is why the stock is the same price it was SEVEN YEARS (and $20 trillion in Fed “support”) ago. PYPL blows.

Once again, one of the has-beens of the social media world is getting clobbered, with SNAP collapsing by about 35%. It is worth about ONE-EIGHTH its peak price a few years back.
