How my startup failed (1999)

Re:How my startup failed (1999) by fapjacks on Saturday December 10, 2016 @05:31PM (#13148299)

The article was written in 1999, before the advent of internet-based commerce. Maybe that could have made things turn out differently for him? Interesting post!

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Re:How my startup failed (1999) by davidwihl on Saturday December 10, 2016 @10:34PM (#13149460)

Amazon and eBay launched in 1995. There were many examples by 1999.

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Re:How my startup failed (1999) by fapjacks on Sunday December 11, 2016 @03:14AM (#13150126)

Well, you're being pedantic. In '99 the great mouthbreathing horde were not buying things online.

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Re:How my startup failed (1999) by tyingq on Sunday December 11, 2016 @08:13AM (#13150919)

Not sure why you're being downvoted.

eBay revenue, 1999: $224.7 million

eBay revenue, 2015: $8,590 million

Edit: That's 38x

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Re:How my startup failed (1999) by davidwihl on Sunday December 11, 2016 @08:21AM (#13150951)

Amazon revenue was already $1.6B in 1999. Clearly out of startup phase by then.

So it depends on your measure. eCommerce is still a relatively small percentage of GDP, 5.4% of US according to https://www.statista.com/statistics/250703/forecast-of-inter...

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Re:How my startup failed (1999) by tyingq on Sunday December 11, 2016 @08:30AM (#13150970)

eCommerce as a percentage of all retail sales is a decent measure.

1999: 0.2%

2015: 8.4%

42x

https://fred.stlouisfed.org/series/ECOMPCTSA

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Re:How my startup failed (1999) by DanBC on Sunday December 11, 2016 @09:26AM (#13151179)

1999 is definitely Beanie Baby Bubble timing.

http://www.nytimes.com/2015/03/22/books/review/the-great-bea...

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Re:How my startup failed (1999) by elefanten on Saturday December 10, 2016 @05:34PM (#13148309)

Maybe. But likely the pitfalls would simply look different.

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