Cam gets a bit of exposure…

… and not of the variety which gets people arrested.

Cameron Reilly (CEO of The Podcast Network) is on the cover of this weeks Bulletin magazine.

Cam's Bulletin cover outside a newsagent on Glenferrie rd

The article itself is a rant about how Australian VC’s are wimps and that if you want some decent funding you’ll have to head over to the US where the real money is. Curiously enough this has become somewhat more relevant to me recently because when I had a look at my course structure I discovered that in 5th year I get to choose between Engineering Management 1&2 and New Venture Development and Management 1&2 which tickled my ambitious side.
I’m now really liking the idea of working in various companies for a while soaking up useful information and making connections and then starting my own business a little later on in my career. Its what my uncle did and he’s done pretty well out of it (Stupid cousins and their yacht as a 16th birthday present!)

Congrats Cam, its well deserved. Which reminds me.. The fact that I had met you gave me somewhat less status than being invited out for coffee by David Wenham but I still got a “oh really? Cool!”

Does anyone else find this a little ludicrous

US Congress launches probe into virtual economies

Booming virtual economies in online worlds such as Second Life and World of Warcraft have drawn the attention of a U.S. congressional committee, which is investigating how virtual assets and incomes should be taxed.

I know that there is some serious money floating around such virtual communities but this is a little silly. Its still essentially just a game. If they must tax it I would have thought the only sensible way to do it would be to tax you at the point where it becomes real money. Surely it isn’t viable or sensible to try to tax you on the theoretical value of virtual assets.

Well each to their own I guess. Let the accountants have their fun.