[olug] from slashdot: Credit Card-Size Hard Drive Can Hold 5GB

[Eric Penne]

Credit to slashdot but the link is from PCWorld.
http://www.pcworld.com/news/article/0,aid,108816,tk,dn011603X,00.asp


I'll walk out onto a big strong limb here and claim this to be the
latest thing that everybody will want but nobody will be able to
purchase.

Vaporware I tell you, Vaporware!  I don't have any inside information
or anything like that but this really sounds like a load of crap in my
shoe.

Where do these companies find the venture capital to fund this sort of
thing.

<soapbox opinions (feel free to debate me)>
We are going to have a war with Iraq.  Bush has it in his head, so be
it.  It's mostly for oil but there is a little twinge of world peace at
hand if Saddam is out.  

I'm not blasting anybody in particular after this part or I would be a
hypocrit.  We need to curb our use of oil (foreign and domestic).  Too
many cars, not enough pollution prevention.

For under $15 million, a viable (130 mile highway range) battery
electric vehicle could be produced and sold for about $20,000.  One of
the big costs with vehicle production is crash testing so it may take
$20 million.  It costs a lot to crash test a prototype. :)

That same $15 million could be used to fund the changeover for 3 normal
car lines to use hybrid (like the Honda Civic).

BOOM!  Helping the future!  Less War with oil barons.

How many car lines could've been developed with all the money thrown at
hyped up crap during the dot com boom/bust.  Enough to satisfy
everybodies tastes.  Hybrid SUVs, fully battery electric SUVs, hybrid
cars, battery electric sports cars, etc.
</soapbox>

Instead of looking for a viable company building a real world useable
product, these venture capitalists are throwing money at hot air and
wet dreams.  Toss out some new buzzwords: Credit Card size, DVD, hard
drive, and security.  What do you get?  Prolly $10 - $15 million in
funding.

I think I need to come up with my own buzzwords for the venture
capitalists.  Can anybody help me come up with some?  If I get a$5 -
$10 million, I'll donate 20G to OLUG for improvements.  I might even
build a building dedicated to OLUG meetings.  I'd hire everybody on the
list without a job for about 40G/year.  We wouldn't have to do anything
except hire a good marketing person to kick out some pretty graphs
occasionally to keep the investors happy.  I wonder how long we could
survive on the money?

Eric

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