Ten Lessons from the Dot Com Shakeout
"Our primary mission in creating the Business Plan Archive is to enable entrepreneurs of the future to learn from the lessons of the past. In the interest of sparking discussion and ideas, here are ten lessons we take from our observations of the dot com shakeout.
Nothing changes overnight.
New stuff doesn't replace old stuff.
Too early to market? Too bad.
Many startups were fundamentally uncreative and "un-Internet
All we, like sheep, will go astray (with enough pressure).
Free is folly.
We used narrowcast to broadcast.
The $50 million rule can kill.
It's hugely difficult to build chicken and egg simultaneously.
Prediction tools must improve."
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