Word: landgrab
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Dates: during 2000-2000
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...ruling rationale goes something like this: We always had to get big fast. Now we have to get even bigger even faster. The Internet landgrab isn't over just yet. Our infrastructure is scalable, so costs will drop as sales grow. The average customer is ordering more. Sales grew 84% in the second quarter. We pay $13 in marketing to acquire a customer--less than a fifth of what it costs credit-card companies. Most of our businesses are less than a year old. Expect profitability in a few years, unless some other great investment opportunity comes along...
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