Every company must have a logo with four colors -- some variant of red-green-blue-yellow. It should also fit into a square, and the colors must stay separate, splitting the square into 4 parts if possible.
But where is the swoosh?.. and the globe. The globe is like the dot in dot com. Also that type needs to be leaning to the right.. like it's moving forward at speed.. leaning in...
I was thought quite the opposite for logos (re: colors): fewer colors is better, and the logo should be instantly recognizable in monochrome. It being something a layperson could draw reasonably well is also a good thing.
Edit: Did I just miss the sarcasm train here? It's very possible.