Because Olympics. I shall be posting here sporadically at best.
Oliver Burkeman, This Column Will Change Your Life: Consistency Bias, The Guardian.
TL;DR: We change too; it’s not just the times, the world, or the others.
It may not take $200 million, as it did to create a cable network, or $50 million as a national magazine might require, but creating a digital media company takes years. (And $25 million, give or take.)
With the price for web advertising dropping by the second and new competitors coming out of the screen at a very high rate, it would seem like a terrible time to jump in. But what we are witnessing now is not the formation of a bubble, it is the emergence of a lasting commercial market, a game that has winners and losers, yet is hardly zero sum.