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<blockquote data-quote="kellsupun" data-source="post: 10248655" data-attributes="member: 267406"><p>maxxa rep...........</p><p></p><p></p><p>While the term can refer to present-day companies, it is also used specifically to refer to companies with this business model that came into being during the late 1990s. Many such startups were formed to take advantage of the surplus of venture capital funding. Many were launched with very thin business plans, sometimes with nothing more than an idea and a catchy name. The stated goal was often to "get big fast", i.e. to capture a majority share of whatever market was being entered. The exit strategy[buzzword] usually included an IPO and a large payoff for the founders. Others were existing companies that re-styled themselves as Internet companies, many of them legally changing their names to incorporate a .com suffix.</p><p></p><p><a href="http://www.indigitalworks.com/Internet-Business.html" target="_blank">http://www.indigitalworks.com/Internet-Business.html</a></p></blockquote><p></p>
[QUOTE="kellsupun, post: 10248655, member: 267406"] maxxa rep........... While the term can refer to present-day companies, it is also used specifically to refer to companies with this business model that came into being during the late 1990s. Many such startups were formed to take advantage of the surplus of venture capital funding. Many were launched with very thin business plans, sometimes with nothing more than an idea and a catchy name. The stated goal was often to "get big fast", i.e. to capture a majority share of whatever market was being entered. The exit strategy[buzzword] usually included an IPO and a large payoff for the founders. Others were existing companies that re-styled themselves as Internet companies, many of them legally changing their names to incorporate a .com suffix. [url]http://www.indigitalworks.com/Internet-Business.html[/url] [/QUOTE]
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