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	<title>Comments on: A Legal Alternative to Online Gambling</title>
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	<link>http://smuventures.wordpress.com/2008/06/13/a-legal-alternative-to-online-gambling/</link>
	<description>Entrepreneurship is not a career, it's a lifestyle!</description>
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		<title>By: Nivedana</title>
		<link>http://smuventures.wordpress.com/2008/06/13/a-legal-alternative-to-online-gambling/#comment-161</link>
		<dc:creator>Nivedana</dc:creator>
		<pubDate>Fri, 12 Sep 2008 06:51:22 +0000</pubDate>
		<guid isPermaLink="false">http://smuventures.wordpress.com/?p=98#comment-161</guid>
		<description>its not Dhanu!!!!!!! :@
it&#039;s DANU.
hmph.</description>
		<content:encoded><![CDATA[<p>its not Dhanu!!!!!!! :@<br />
it&#8217;s DANU.<br />
hmph.</p>
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		<title>By: Raghav Somani</title>
		<link>http://smuventures.wordpress.com/2008/06/13/a-legal-alternative-to-online-gambling/#comment-141</link>
		<dc:creator>Raghav Somani</dc:creator>
		<pubDate>Sun, 31 Aug 2008 12:09:16 +0000</pubDate>
		<guid isPermaLink="false">http://smuventures.wordpress.com/?p=98#comment-141</guid>
		<description>Hahaha. Nivedana is right. The entire arguement that a good idea makes for a good business is royally screwed up. The fact is, If i did indeed come up with a winning new idea, and it was indeed great, then someone would have already made attempts to make the idea in to a business, and probarbly failed (considering that you thought your idea is NEW). Its only the so called BAD ideas that, that no one cane make money out of, that everyone considers stupid, that makes you look like your stupid, it&#039;s those ideas that make it big. The difference, THE ONLY difference is execution. Thats where the idea is REALLY new. I think i can cite a couple of examples. Well done Dhanu!</description>
		<content:encoded><![CDATA[<p>Hahaha. Nivedana is right. The entire arguement that a good idea makes for a good business is royally screwed up. The fact is, If i did indeed come up with a winning new idea, and it was indeed great, then someone would have already made attempts to make the idea in to a business, and probarbly failed (considering that you thought your idea is NEW). Its only the so called BAD ideas that, that no one cane make money out of, that everyone considers stupid, that makes you look like your stupid, it&#8217;s those ideas that make it big. The difference, THE ONLY difference is execution. Thats where the idea is REALLY new. I think i can cite a couple of examples. Well done Dhanu!</p>
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		<title>By: Nivedana</title>
		<link>http://smuventures.wordpress.com/2008/06/13/a-legal-alternative-to-online-gambling/#comment-140</link>
		<dc:creator>Nivedana</dc:creator>
		<pubDate>Sun, 31 Aug 2008 11:11:10 +0000</pubDate>
		<guid isPermaLink="false">http://smuventures.wordpress.com/?p=98#comment-140</guid>
		<description>And to think we didn&#039;t qualify for the competition. Just proves that because someone says your idea isn&#039;t good, doesn&#039;t mean it isn&#039;t :)

Incidentally, did you know that the Fedex idea (a plan by Frederick Smith when he was college student) was initially rejected by his professors?</description>
		<content:encoded><![CDATA[<p>And to think we didn&#8217;t qualify for the competition. Just proves that because someone says your idea isn&#8217;t good, doesn&#8217;t mean it isn&#8217;t <img src='http://s.wordpress.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
<p>Incidentally, did you know that the Fedex idea (a plan by Frederick Smith when he was college student) was initially rejected by his professors?</p>
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		<title>By: Raghav Somani</title>
		<link>http://smuventures.wordpress.com/2008/06/13/a-legal-alternative-to-online-gambling/#comment-112</link>
		<dc:creator>Raghav Somani</dc:creator>
		<pubDate>Wed, 18 Jun 2008 08:58:55 +0000</pubDate>
		<guid isPermaLink="false">http://smuventures.wordpress.com/?p=98#comment-112</guid>
		<description>It&#039;ll be interesting to read this company&#039;s finances. What are the chances that any bank is gonna issue financing to this company simply based on the probability that the site&#039;s users are getting their bets right! Put another way, their gambles are paying them more than the company makes from advertisements. I cant imagine how they estimate those probabilities.</description>
		<content:encoded><![CDATA[<p>It&#8217;ll be interesting to read this company&#8217;s finances. What are the chances that any bank is gonna issue financing to this company simply based on the probability that the site&#8217;s users are getting their bets right! Put another way, their gambles are paying them more than the company makes from advertisements. I cant imagine how they estimate those probabilities.</p>
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		<title>By: Aditya Maru</title>
		<link>http://smuventures.wordpress.com/2008/06/13/a-legal-alternative-to-online-gambling/#comment-110</link>
		<dc:creator>Aditya Maru</dc:creator>
		<pubDate>Wed, 18 Jun 2008 08:23:59 +0000</pubDate>
		<guid isPermaLink="false">http://smuventures.wordpress.com/?p=98#comment-110</guid>
		<description>This cant be possible. Damn guy used our idea. I think someone leaked our idea! hmmmf.

When was this website started? Before or after our plan? haha.</description>
		<content:encoded><![CDATA[<p>This cant be possible. Damn guy used our idea. I think someone leaked our idea! hmmmf.</p>
<p>When was this website started? Before or after our plan? haha.</p>
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	<item>
		<title>By: Raghav Somani</title>
		<link>http://smuventures.wordpress.com/2008/06/13/a-legal-alternative-to-online-gambling/#comment-99</link>
		<dc:creator>Raghav Somani</dc:creator>
		<pubDate>Mon, 16 Jun 2008 03:47:36 +0000</pubDate>
		<guid isPermaLink="false">http://smuventures.wordpress.com/?p=98#comment-99</guid>
		<description>I guess Congratulations to Aditya Maru and Nivedana and all the other people on the team working on a similar idea. Their idea, though unknowingly, is a smashing success on the other side of the globe. :) 

Any comments on the feasibility of such an idea in Asia?</description>
		<content:encoded><![CDATA[<p>I guess Congratulations to Aditya Maru and Nivedana and all the other people on the team working on a similar idea. Their idea, though unknowingly, is a smashing success on the other side of the globe. <img src='http://s.wordpress.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' />  </p>
<p>Any comments on the feasibility of such an idea in Asia?</p>
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