Entries by jeff

A Good Snow Year Does Not Make Us Heroes of Management; A Minor Reality Check

1980- Michael Porter, the Harvard strategy Guru published Competitive Strategy.   In it, he discusses how industries change, and how companies have to change, as they transition from growth to maturity.  I want to look briefly at what Porter says stereotypically happens during this transition and see how it applies to the winter resort business. Like all […]

Swell Raises $2 Million

Almost as soon as my article on surf industry internet models was finished, Swell shut down its Crossrocket site and then, on May 3rd, announced it had raised $2 million in bridge financing. I hate it when that happens. Rather than just throw up a press release that created more questions than it answered (see it […]

Recession? You’re Kidding- Right? Please?

The NASDAQ stock market rocketed towards heaven for several years. Its decline has been equally spectacular. Four trillion dollars of value have been wiped out in a year. It’s matched its worst fall ever in percentage terms, but it’s done it in half the time. Should we be surprised? No. The statistical concept of “regression to the mean” is working like […]