Jolt Cola could get jolted out of the market by investors

Sad story, really. The generation-old ultra-caffeinated cola, which was a trailblazer for energy drinks across the board, is in danger of going away for good. The founder of the company, Carl J. Rapp, blames investors who damaged the company’s assets, pushed it into debt and are attempting to force it into liquidation. “The name will show up someplace else, but just that,” said William I. Kohn of the Cleveland firm of Benesch, Friedlander, Coplan & Aronoff. “I don’t see anybody buying the entire package.”source

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five number of banks that failed today, including the fairly huge Colonial Bank source

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Watson (left) got as close as the final hole in the British Open, before blowing a putt then blowing a playoff to Cink. Screw you, Stewie! source

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What it was Right around the time ShortFormBlog launched back in January, a fairly original twisting of the newspaper medium called The Printed Blog launched. We were fast fans, in part because the idea was so loudly original and because it partly felt like the kind of idea we’ve played with in the past. source

What it was Right around the time ShortFormBlog launched back in January, a fairly original twisting of the newspaper medium called The Printed Blog launched. We were fast fans, in part because the idea was so loudly original and because it partly felt like the kind of idea we’ve played with in the past.
Why it’s dying It’s a victim of the economy and the idea didn’t work. Founder Joshua Karp announced the publication’s fate today, blaming it on a lack of venture capital support. Some, like Gawker (shut up, jerks), are claiming it was because it was a backwards idea. It was crazy, but it wasn’t backwards. source

What it was Right around the time ShortFormBlog launched back in January, a fairly original twisting of the newspaper medium called The Printed Blog launched. We were fast fans, in part because the idea was so loudly original and because it partly felt like the kind of idea we’ve played with in the past.
Why it’s dying It’s a victim of the economy and the idea didn’t work. Founder Joshua Karp announced the publication’s fate today, blaming it on a lack of venture capital support. Some, like Gawker (shut up, jerks), are claiming it was because it was a backwards idea. It was crazy, but it wasn’t backwards.
What we’d do We liked the idea but felt it could have used refinement. We would have used the publication as a guidepost to blog content online rather than straight-up printing blog items. It should’ve used its role as gatekeeper to edit and refine the content – like a newspaper! It might have gotten there, sadly. :( source

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You end up lying there saying, ‘I‘m not stopping. It would be an act of shallow cowardice.’ Or you decide to quit and you say, ‘This is one of those ideas that just isn‘t going to work.’
Dean Kamen • on the idea of leaving behind Segway, the would-be revolutionary personal transport device that never took off • source

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29 Oct 2009 10:45