Wednesday, November 29, 2006
Tuesday, November 28, 2006
In spiral dynamics, the term "vMeme" refers to a core value system, acting as an organizing principle, which expresses itself through memes (self-propagating ideas, habits, or cultural practices). The prepended and superscripted letter v indicates these are not basic memes but value systems which include them.
The words, the 'Wisdom of Cows', taken from the 'Wisdom of Crowds' is the brand. To quote Peter Kawalek on his early feedback to the Blog (our product) "Gentlemen, we have a brand!"
Our competitors, the other class Blogs, are by comparison a lower class, because the difference, that makes the difference, is that we are "Writin' for the Brand" - Is this just a one cow race?
Monday, November 27, 2006
The people that are going to social lending sites like Zopa and Prosper are surely just those people that can't get credit elsewhere? i.e. The Adverse selection of customers. But it is happening to a degree. There are certainly some (if not as many as the hype would have us believe) social loan transactions taking place so borrowers and lenders must be getting something out of it. So i guess that the returns can outweigh the risk and follows the proven Nobel prize winning concept of micro-credit...but I am still a skeptic.