Do Startup Internet Businesses Have a Prayer?
By Pam Baker NewsFactor Network September 9, 2004 11:32AM “The dot-com bubble burst for the investor community, not consumers. Investors and startups got creamed because they rushed to exploit technology they really didn’t take the time to understand. Established businesses were unharmed because they transferred their business acumen,” says Carl Lehmann of Meta Group. Dot-coms are dead and buried. So says common lore, anyway. Yet entrepreneurs are still trying to hit the jackpot with the next great Internet business idea. The odds are daunting, but not impossible, say analysts. “People think that since the dot-com bubble burst, that means the Internet failed. But that’s not true. E-business and the Internet are wildly successful, way beyond anyone’s greatest expectations,” Carl Lehmann, vice president of technical research services for Meta Group , told NewsFactor. Cold Shoulder That is not to say that the money is easy, or that a startup is a sure thing. “If you start out with just an
