Word: ands
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Dates: during 1990-1999
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eBay is also one of the Internet's greatest financial success stories. It has defied the 11th Commandment: Internet Start-Ups Shall Bleed Red Ink. It's made money from its first month of operation. After only four years, eBay is worth some $20 billion--more than Sears and J.C...
Why has eBay succeeded so wildly? A big factor is that eBay was first on the block, locking in buyers and sellers early. The more people flocked to eBay, the more it became the place to be. But the real genius of eBay is its success in building a community...
eBay--and the online-auction phenomenon it has spawned--is redrawing America's business landscape. There's scarcely a company in America that won't be affected by the new rules of commercial engagement. "Every week someone will come up to you and say this has changed my business entirely...
But not everyone is going to win in the new eBay economy. Hardest hit so far are antiques and collectibles shows, which aggregate items like eBay does, but less efficiently. Joe Spotts, president of L&S Management, owns two shows--one in Denver, the other in Kansas City, Mo.--and...
Classified ads--and the newspapers that heavily rely on them for revenue--are also vulnerable. An eBay listing is cheaper; there's no limit on length; you can include a photo; and it reaches far more people than any newspaper.