Late Update: Amanda Palmer is now paying all her musicians. Good for her. I’m very glad she’s doing it, but I also think the level of outrage was way out of proportion with the situation. The controversy over this has basically been dealt with. The Kickstarter million is in fact gone, the amount needed to …
Tag Archives: social capital
Social Capital and Regular Capital
So….. Facebook’s stock is dropping a bit. Ignoring the major explanations: a bank that didn’t underprice the stock to take piles of money off of a tech company, a big honking tech bubble, etc., there’s something else going on. We all have this basic feeling that Facebook is actually hugely important and hugely valuable. We …