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MyWikiBiz, Author Your Legacy — Sunday May 05, 2024
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==Show him the money==
 
==Show him the money==
Jimmy Wales isn’t paid to actually figure things out. He’s paid (by organizations like Alfresco Summt, IP Expo, and the government of the United Arab Emirates) to stand up in front of large audiences and say dopey, unrealistic things. Because Wikipedia. But when you get down to watching Jimmy Wales actually trying to figure things out, such as with a business, the landscape is littered with his failures. Bomis didn’t work out, even though it was an Internet leader in its time. Openserving failed. Wikia Search had the plug pulled on it without warning. CiviliNation was a failure, as was Impossible.com – two “do good” ventures that Wales backed, only to watch them run into the ground financially. In 2014-15 he’s doing the most serious business of his career, with a £20 million IPO on The People’s Operator. Well, he’s already burned through 40% of that company’s IPO cash, and the firm is losing £7.22 for every £1.00 of revenue taken in.
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Jimmy Wales isn’t paid to actually figure things out. He’s paid approximately $10,000 to $40,000 per speech (by organizations like Alfresco Summit, IP Expo, and the government of the United Arab Emirates) to stand up in front of large audiences and utter things that he believes to be true.  He often re-uses and re-purposes previous PowerPoint decks that he's presented before. Because he had a small role in co-founding Wikipedia (which he then aggrandized into a much larger role, after the fact), he earns a certain mystique as the idea-man behind "the sum of human knowledge". But when you get down to watching Jimmy Wales actually trying to figure things out, such as with a business, the landscape is littered with his failures. Bomis didn’t work out, even though it was an Internet leader in its time. Openserving failed. Wikia Search had the plug pulled on it without warning. CiviliNation was a failure, as was Impossible.com – two “do good” ventures that Wales backed, only to watch them run into the ground financially. As of late 2014, he’s doing the most serious business of his career, with a £20 million IPO on wireless phone company, The People’s Operator (now called TPO Mobile). He has already burned through most of that company’s IPO cash, and the firm is losing £7.22 for every £1.00 of revenue taken in.  Its stock price has depreciated an astounding 87%.
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It really is a wonder why any organization (or journalist) actually pays any attention to the man. He exudes altruism, but in the background, he’s just making sure he gets paid. (E.g., even as TPO is losing investors' money hand over fist, Jimbo’s £250,000 annual salary is ensured.)
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It really is a wonder why any organization (or journalist) actually pays any attention to Jimmy Wales. He exudes altruism, but in the background, he’s just making sure he gets paid. (E.g., even as TPO is losing investors' money hand over fist, Wales' £250,000 annual salary is not at risk.)
    
==Not a pornographer?==
 
==Not a pornographer?==

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