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Rant Archives |

The Typical Dealings

After the Judge denied the merger between Penguin Publishing and Simon and Shuster. Penguin went through a massive round of layoffs and Simon & Schuster was sold to a private equity company instead. Private equity tends to have one game plan strategy: buy a...

Scary Quotes

Every second book in America, ballpark, is being sold via e-commerce…Amazon.com has 50 million books available. A bookstore, a good independent bookstore, has around 50,000 different books available… an algorithm decides what is being presented and made visible and...

No one reads

My son sent me a story/article the other day which shared the stats from a DOJ case regarding Penguin wanting to buy Simon and Shuster.  The deal was killed because of monopoly issues.  Penguin has 37% of the market and Shuster has 11%, a merger would dominate the...

Own a job, not a business.

You own your own business and make a decent living.  Could you sell your business if you wanted to?  Of do you actually own a job with client(s) who would leave if you  thought about selling? I know a number of franchises are really built around owning a job and...

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