Thanks to Cheezhead for a great post on the horrendous mismanagement at Monster. It looks like the culture of impropriety that plagued the previous senior management team is continuing unabated with the new team.

Tags: Monster, Options Backdating, Corporate Governance, Weak Corporate Governance, How To Destroy a Decent Company, Great Short Opportunities

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Monday 31 December 2007 |

10. The writers’ strike ends in favor of the writers once the studios recognize that people are watching Funny or Die (Will Ferrell’s

partnership with Sequoia Capital), YouTube, and almost anything on the

web rather Biggest Loser 13, The Bachelor in Helsinki, or The Next Great American Band 3.

9. Apple’s stock hits $265 per share and, despite the initial…

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Friday 4 January 2008 |

Monster paid $61 million in cash for San Francisco-based Affinity Labs, a company that develops vertical-specific online communities such as policelink.com and nursinglink.com. Affinity Labs was founded by Christopher Michel, who had also founded military.com which…

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In an interesting post

yesterday, Dave Morgan (Executive V.P. of Global Advertising Strategy

for AOL) suggests that by disaggregating their businesses and opening

up each component part to operate and even compete independently, daily

newspapers can save themselves from complete oblivion. Clearly, there

is some merit to Morgan’s argument, and some papers (mostly in the

weekly newspaper and alternative… Continue

Edgeio

announced late last week that it was ceasing operations and looking to

liquidate its assets. The company, which had recently raised $6M in

capital ($3M of which came from Intel), tried to build a business by

aggregating classified listings from all over the web. In explaining

the reasons why the business was unsuccessful, CEO Keith Teare stated,

“I would say it came down to lack of vision on the part of investors to

see the platform as part of the… Continue