E-Commerce Times Talkback
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Every now and then, just for kicks, I type the Kozmo.com URL into my browser. I'm not
sure what I expect will happen, but the result is always the same: nothing. Maybe it's
just wishful thinking, but given the comebacks of late -- including Furniture.com and
MotherNature.com -- isn't it about time for the return of some truly interesting
In the begining, the dotcom boom was merely an attempt by Generation "X" to capitalize on their sole pastime - gaming. That explains why that period 1998-2000 was indeed so much "fun". Generation "X" has been forced into sobriety and the result is, indeed, that the fun has been eliminated and replaced with "need for results". It remains to be seen if the next generation of E-Commerce can discover that true E-business/E-Commerce, implemented properly, is a more intoxicating paradigm than anything the first dotcom generation could ever have turned out with their "fantasies".
For this to happen, the revisionists must temper the notion of the web as an electronic facade for bricks and mortar with a clear understanding of the holistic nature of E-business. This is a different approach, but these differences were lost on the first generation- who were far more intent on living out their fantasies of being "E-Moguls" -parlaying VC capital into No-Return-On-Investment.
I'm not sure what generation you are from, but your bitterness toward Generation X is clear. Just remember which generation funded all of our "whacky" ideas. You make it seem as though there were a bunch of kids running amok with their mom's purses. Truth is, investors from ALL generations were clamoring over each other to capitalize on this hind-sightedly-named whacky climate, with the bulk of funding coming from the world's uh....financial veterans. I believe there to be much truth to your approach to the next run at e-business, but your tone only makes you sound like a bitter old baby boomer who probably lost a few bucks on baloneysandwich.com. I think you would do well to spread the blame around a bit more. My .02 cents