I noticed something fishy about Josh Harris’s Jupiter Media Metrix back in 2000, when I wrote “Parasites on the Internet.” Now Harris tells BoingBoing that his next project was a $25 million joke:

I now acknowledge that Pseudo Programs, Inc., a New York City based Internet television network founded in 1994 and sold from bankruptcy in 2000 was the linchpin of a long form piece of conceptual art. Pseudo burned over $25 million in private and institutional capital over a span of seven years. Pseudo was a fake company.