He’s not a fan of Cramer, but puts that aside to take a good look at the valuation and reasoning of CNBC getting into the mix.
Sometimes being in the right place at the right time just is . It’s why you get in the hall of fame for swinging.
I have many friends at TheStreet.com and we talk about out of box possibilities all of the time. Tom Clarke has turned lemons into lemonade and though I don’t have any inside info, Blodget is right on here.
James needs some rest. He won’t. He can’t. I winced when I read his New York magazine story. His explaining why people hate him is the reason people hate him. You can’t tell me why I like or hate you. I can tell you though.
He’s everywhere in the finance world and that is not easy. This is not a Paris Hilton crowd he is dealing with. He is dealing with animals and killers and smart people .
His enemies don’t want him for just drunk driving.
So now I am reading that his ratings are diving . Who even knows if this is true. Barry Ritholtz who actually contributes to TheStreet.com has the story, so it must be true . Barry offers up a few reasons why Cramer’s ratings may be dipping. There is no one reason.
We live in a new world where our attention is scarce and and we are buried with ideas. Cramer passed a point of no return with respect to noise. It’s just too much.
With Wallstrip , we thought that we could gain attention by doing less. I had been hearing less is more on the web for about a year and I bought into it. BUT…WE HAD TO HAVE AN EVERYWHERE STRATEGY. Thank goodness the web was developed enough for us to do it…cheaply too.
Cramer does not need an everywhere strategy anymore.
Cramer has an incredible franchise at TheStreet.com and he is diluting it with his everywhere strategy. He has reached, likely passed the point where people would come to see him and he not have to be everywhere. That is /was an incredible place to be. He is buying into Web 2.0 when scarcity of his information would make he and his shareholders MORE money.
Cramer needs to do less, not more. Good thing for the competition…he won’t.
I have owned Valueclick for a while now and though up 50 percent, Valueclik has lagged it’s peers. First Doubleclick was bought by Google and most recently Aquantive was bought by Microsoft (for infinity).
Jonathan Stokes is blogging about Wallstrip’s distribution deal with The Street.com and I will hopefully have an official press release tomorrow. He caught our vids on the Street.com site. Here is his post . Better than I could write it.
Starting today, Wallstrip will be available at TheStreet.com . It has been fun getting to meet Tom Clarke, the CEO of TheStreet.com and also Anthony Brown who has helped spearhead this on our behalf at TheStreet.
They have eyeballs and influence and that’s cool for us. Lot’s of new viewers from their site are already reaching out (this from Bernie):
Heard and saw you (ie Mad-SUZE) for the first time on TheStreet.com TV a few minutes ago… went to your site… checked out your daily… not only BMarked you but in my tool bar.
Great concept: SCMeetsPC.
and execution.
We also love that our vids will have no prerolls when they get it all up and working smooth.