Re: UKNM: Re: ecommerce Xmas wet dream or nightmare

[Sam Michel]

At 18:02 08/12/99 +0000, lunch wrote:

 >Ye gods - this man, he speaks the truth.

 >

 >Hopefully, if this Christmas kills anything it'll be the fly-by-nights that

 >have surfaced recently and the belief that you can trip out of business

 >school with a photocopied chapter from the the McKinsey book-of-the-month,

 >receive �20m in VC capital with half a copied idea and actually launch a

 >serious e-business.


Maybe this is a good thing to weed out some of the operators who haven't 

given proper consideration to their fulfilment strategy. However, if it the 

fall-out happens at the same time, which seems to be a feature of the new 

media industry, it could be a very bad thing for the industry as a whole.


I'm not saying a touch of realism in some of the new media businesses that 

have just launched wouldn't be a bad thing? My gut feeling is that some 

folks out there have put ludicrous ecommerce revenue projections on their 

business plans to get funding and when they miss those by a mile, the New 

Year is going to be uncomfortable.


Toodle Pip


Sam

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