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Re: New E-commerce Paper:
John Young wrote:
> A new electronic commerce paper:
> "Internet Markets: Emerging Business Models"
> By Dan Yurman
> December 11, 1996
> What are business models for profiting on the net?
> Perhaps the best metaphor to describe Internet business
> is that it is like the California gold rush of 1849. A
> wave of entrepreneurial start-ups have entered the field,
> but all are struggling to find the gold. The miners are
> going broke while the saloon and general store owners,
> and the brothels, are prospering. Anyone who wants to
> make real money in mass markets is going to have to
> break the mold of "business as usual" and offer real
> value which is not available offline.
Offer "real value", huh?
The one guy who produces something does OK,
The leeches do OK,
But the vast majority who aren't so *lucky* don't do OK.
So the general public is encouraged to follow this example of
economic opportunity? More decadence and ruin, if you ask me.