Saturday, July 28, 2012

EBay’s Turnaround Defies Convention for Internet Companies - NYTimes.com

EBay’s Turnaround Defies Convention for Internet Companies - NYTimes.com:

 "Remember Myspace, Friendster, eToys, Webvan, Urban Fetch, Pets.com? Like meteors, they burned with dazzling brilliance before turning shareholder dollars to ash. EBay, Yahoo and AOL, the dominant Internet triumvirate circa 2004, seemed destined for a similar fate. The conventional wisdom has been that once decline sets in at an Internet company, it’s irreversible."

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