Two months ago I came across an ad in the print edition of the Wall Street Journal that struck me as so inspiring that I clipped it and posted it on my refrigerator. The ad shows a golfer standing on a bank, staring down at a ball that landed on an inaccessible rock next to [...]

One day after Facebook casually announced that it had eclipsed the 350 million user mark, I’m going to revisit the question of who will succeed in developing the dominant Web 2.0 payment system.
In my previous post, I made the case that PayPal was better positioned than Facebook to achieve this, a position I stand by [...]