Don't Look Now, But Web Firms are Making $$$
CNN.com published an inspiring story about a "pure-play" Internet company that is actually thriving: Salesforce.com, which makes a sales force automation web application. It's one of a growing number of tales about successful businesses that survived the dot-com shakeout and appear to be on firm footing for years to come:
"The San Francisco-based company is on its way to generating $100 million in sales this year, making it a hot candidate to go public.
From the get-go, Salesforce.com persuaded its audience to pay for its customer management services, enabling the privately held company to ring up $52 million in revenue last year."
Everywhere I look now, I'm starting to see the same thing. Net companies are figuring out ways to make money and are finally starting to realize the advantages of being a virtual company. Of course, that doesn't mean everyone will win in the end, but those agile businesses that truly find the best way to exploit the unique capabilities of the Internet will indeed be on top of the world when the time comes that almost all business is conducted over the Internet.
That time is coming, this much is clear. It's just a matter of when. And for true believers like me, it feels wonderfully vindicating.
Posted by Cory Kleinschmidt
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