What prediction markets can learn from Twitter – REDUX

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S-I-M-P-L-I-C-I-T-Y + C-U-S-T-O-M-I-Z-A-T-I-O-N

Twitter is a very simplistic core. Around that core is a whole ecosystem that adds value to Twitter. You have a large choice of &#8220-Twitter clients&#8221-, and there are plenty of websites out there that complement the basic Twitter service.

It is the anti-BetFair case. The future prediction exchanges will be built around a simplistic core, and there will be plenty of add-ons and complimentary services &#8212-all of which will be optional, so as not to scare off the newbies.

The (new) Internet business models

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This is the latest addition in our series about how to make money on the Web by giving out free content to get access to people and get their attention&#8230- and selling them something valuable with the other hand. So, here&#8217-s Michael Masnik. While you watch it, do download the files in MP4 using Video Download Helper, so that you can re-watch them later on on your own, when you are disconnected from the Internet.

If your feed reader doesn&#8217-t show you the 4 embedded videos below, then download this post.

If your feed reader doesn&#8217-t show you the 4 embedded videos above, then download this post.

PS: Deep apology to the Linux users. I don&#8217-t think they can view the videos. I will make up to you.

UPDATE: Mike Linksvayer:

The videos play fine on Linux, assuming the right (patent encumbered) codecs are installed, as they are on most systems. The silly interface wants you to use an officious quicktime install more than it wants you to watch the videos. So one just has to access the videos directly &#8212-