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Old 12-09-2009, 11:11 PM   #1
kidmercury
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An Update on the Plan to Save the World -- December 9, 2009

Here's where we stand with regards to the business plan that saves the world using Internet communities and virtual currencies:

1. My trading site is the first virtual community built I've successfully built that leverages the concepts discussed on this blog.

2. I do have two offers to buy the site -- one in part, the other in whole. If you are interested in buying, please get in touch with me.

3. If I can reach mutually advantageous terms with a buyer, I will use the proceeds to build more virtual communities.

4. I am open to raising money to finance these communities, but would generally prefer not to. Ultimately I can only work with investors who (1) I think will be able to add more value in non-monetary ways than in monetary ways (2) that I trust and (3) are psychologically mature enough to have conversations about the full nature of this business. Of course this is probably not an issue as I don't know any investors anyway. If you are an investor and would like to explore investing opportunities and how I can help you take it to the bank, please feel free contact me.

5. If there is no sale and no external investment, I will continue building my trading site, and use proceeds from that to finance the mission.

6. If you are an independent publisher(s) with a community of followers whom you would like to better engage and monetize, I'm eager to help -- please feel free to get in touch. I work on a revenue sharing basis and assume all operational costs, so there is no fixed monetary risk for the publisher. I am an Internet person so that is where my focus is -- using the Internet to revolutionize the publishing business.

7. I'm not really blogging anymore, though at this time I think I'll probably return to it at some point in the future. Anyway, you can still catch me on YouTube and on Twitter. For the record I don't like Twitter, expect it to fail in terms of not being sustainably profitable, and only use it because of its popularity/marketing value. I mention this so that when it fails I can say I told you so. Incidentally I think Dave Winer is correct with all of his analyses regarding Twitter.

Thanks for your time and consideration.

The truth will set you free,
Kid Mercury
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