“we are losing money on every sale, but we will make it up in volume.”
This point is quite apt for the majority of net ventures. Amazon did it, but I am not so sure if the current crop of web ventures can succeed similarly. Amazon sells real stuff while the newbies sell advertising space that no one knows how to effectively monetize, yet.
Posted on June 18th, 2008 by admin
Filed under: Uncategorized
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