Om Malik is a San Francisco based writer, photographer and investor. Read More
Eight Stupid Frat Boy Business Ideas
PBWiki co-founder Ramit Sethi writes about eight frat boy business ideas that most likely will fail. Yes, they do include social networks.
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Funnier than the post, in a sad sort of way, were the dissenting comments by those outraged to have their bubbles burst. Best part of the post:
It seems like competing on price would be a good thing, until you realize that when you lower the price, you usually make less money.
He should make that his next t-shirt.