Scott Rosenberg’s take on this week’s spectacular failures, DEN and, summarized in three words: managed by idiots. My fundamental problem with the Internet industry today is that a huge percentage of the “dot coms” are companies based on stupid ideas that are executing on those stupid ideas very poorly. I’m heartened by the failure of, DEN, and other miserable money burning machines like these because it rekindles my belief that there’s some hope that the wheat will someday be separated from the chaff in this misbegotten industry.