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Better than iTunes??

Posted By Alan Cohen in Soundcheck on March 8, 2006

My brother David secretly wishes that he could leave his lucrative NYC job to search the web all day for cool websites and dot-com startups. He sent me a link to this new startup site called La La.

According to La La's site, "'la la' opens the largest, most diverse music store on earth with 1.8 million album titles available for trade at $1 each - same price as a song download except the extra penny buys the rest of the album ... lala.com' works like an online music co-op where members trade-in CDs they have for CDs they want from other members. CDs are sent through the mail in pre-paid envelopes provided by 'la la' ... While there is no obligation to do so, 'la la' is setting aside 20% of trading revenues for musicians"

David thinks this concept has a chance, but I'm skeptical as is his friend Patrick...Honestly, even if the concept has legs, it was a fatal mistake to name the company after an Ashlee Simpson song.



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Mike Orren, says:

Not. A. Prayer. It sounds more daft than local online news and pay for performance advertising.

Staff

3 years, 9 months ago
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Mike Orren, says:

I'm not the only one who thinks so:

http://www.paidcontent.org/pc/arch/20...

http://techdirt.com/articles/20060307...

But they have $9 million and I don't. So what do I know?

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3 years, 9 months ago
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David Cohen, says:

Bill Nguyen is a bright, successful guy. He sold his first company a year after starting it for $850M. He started his second company the day after he sold his first, raised $55 million in financing, was set for an IPO in 2004 before pulling its offering. Now Nguyen is at it again, with Bain Capital backing him. Bain’s consulting roots causes them to scrutinize business models relentlessly. Nguyen is bringing the special sauce to this space and my hunch is that he’s banking on the power of the long tail: http://blog.pegasusnews.com/2004/10/s...

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3 years, 9 months ago
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Mike Orren, says:

Nobody bats 1.000.

Conversely, maybe he's on to something truly brilliant and above all our heads, because I've yet to find anyone who thinks that a pay-to-physically-trade used CD model makes any sense at all.

Failing that, Bain is betting on a name, which isn't the dumbest approach ever.

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3 years, 9 months ago
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What do you think?

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