Re: Killer app? RE: Extro-biz

From: Adrian Tymes (wingcat@pacbell.net)
Date: Thu Jun 05 2003 - 11:36:44 MDT

  • Next message: John K Clark: "Re: [Iraq] The real reason for the war"

    --- Dennis Fantoni <df@tdc-broadband.dk> wrote:
    > Rough plan for action would be ( i think )
    >
    > 1) Get established as one of the widely used
    > internet based scheduling
    > solutions. ( make it free, make it superior to yahoo
    > calender and others -
    > this should not be that difficult )
    > 2) ramp it up by supporting everything internet
    > enabled and wireless ( this
    > is technically quite easy if you have it in mind
    > when creating the system)
    > 3) when half the western world are customers, sell
    > out to someone who wants
    > the eyeballs, or figure some way to earn a
    > respectacle revenue from the
    > service.

    Umm...that is the canonical dotcom business plan: get
    large *then* get income, and assume that all or most
    of the users will stay once the income generation
    mechanism is installed (usually, a dramatically false
    assumption). True, many such businesses did get
    funding, but most places that funded these types of
    businesses have learned their lesson and will not back
    this type of venture again. Income has to come before
    you get big. (The earlier suggestion of starting out
    big, by starting out as an additional feature of one
    or a few established cell phone networks, suffices to
    get around this since the payment method has also
    already been established.)

    > Of course, if You pull it off, the reward when
    > selling the company or being
    > taken over would most probably be in the triple
    > digit million euro range.
    > ( look at similar companies and their worth )

    While there have been some success stories, most of
    the existing companies with plans comparable to the
    above aren't doing so well, and more - more than
    average for small businesses - no longer exist (and
    thus have a net worth of zero).



    This archive was generated by hypermail 2.1.5 : Thu Jun 05 2003 - 11:46:55 MDT