Monday, October 27, 2008

NYT: To Survive, Net Start-Ups Slow Their Metabolism

Hmm. Seems like everyone is on the hunker down bandwagon. I'm not positive, but couldn't investors shut down a startup and distribute the cash? Personally, I wouldn't expect an online music retail play to work, even with 3 years and $20 million. How many online music players does the world actually need?

Seems to me the healthy advice of "cut costs" is obfuscating the permanent necessicities of growing a business: solve a real problem for customers who will pay you, and do it as efficiently as you can.

The "hall pass" comment just ticks me off.

http://www.nytimes.com/2008/10/27/technology/companies/27dotbomb.html?scp=1&sq=To%20Survive,%20Net%20Start-Ups%20Slow&st=cse

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