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Thursday, April 24, 2003
"I'm Not Dead... Yet"
"Yes, you are. You'll be stone dead in a moment."
Such was the mentality of all kinds of Monty Python-esque business "analysts" who didn't -- and still don't -- grasp the absolutely revolutionary nature of the Internet. Sure, most of the over-funded/under-developed "Internet companies" bombed, but as J. William Gurley of News.com observes, it wasn't necessarily because their business models were bad, it's mostly because there was too much money available to too many companies, period, whether good or not.
Now that Amazon, eBay, Yahoo and Google are all the rage, we may just see the Internet come back stronger than ever; which is just what I knew would happen, even as deadbeats like Boo.com, Pets.com and marchFirst were dropping like flies. Doesn't it feel good?
We'll know that we're truly out of the woods if Philip Kaplan, the nincompoop behind F'd Company, who profited and reveled gleefully in the demise of many of the most innovative companies to ever be created, starts covering the resurgence of these companies he's mocked for so long.
Posted by
Cory Kleinschmidt
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