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Catherine Holahan has a piece in Business Week about eBay and the decline of the company's traditional auction business -- or rather, the increasing growth of its non-auction "Buy It Now" business, which she says currently generates almost half of the company's revenue. Nick Carr (always eager to pronounce something dead) asks whether eBay was…


Win Ron Steen’s money

by Mathew on August 11, 2006 · 1 comment

Stock and bond traders are used to the idea of getting income from a future stream of earnings -- established musicians have even sold financial instruments whose value is based on future sales of their classic hits or "back catalogue," a product pioneered by David Bowie. So why not a "bond" based on the future…

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