Just two years ago, analysts, venture capitalists and the media were feverish with excitement over the prospects of the infant business-to-consumer (B2C) e-commerce industry. Dazzling projections spurred unrestrained funding followed by giddy news coverage as one dot-com after another joined the IPO party. But the rug was pulled out from under some of the brightest B2C babies before they had a chance to get up on their feet, and low murmurs of disillusionment quickly became a dull roar. A shakeout was coming.
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No Overnight Success for B2B
Posted by: Mick Brady July 21, 2000 12:00 AMJust two years ago, analysts, venture capitalists and the media were feverish with excitement over the prospects of the infant business-to-consumer (B2C) e-commerce industry. Dazzling projections spurred unrestrained funding followed by giddy news coverage as one dot-com after another joined the IPO party. But the rug was pulled out from under some of the brightest B2C babies before they had a chance to get up on their feet, and low murmurs of disillusionment quickly became a dull roar. A shakeout was coming.