Word: run
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Dates: during 1990-1999
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...payments that arrived with Omidyar's daily mail were small--in some cases dimes and nickels taped to index cards. But those little payments were coming in piles. eBay took in $1,000 the first month, more than it cost to run. Omidyar really knew he was onto something when he put up a listing for a broken $30 laser pointer that he was about to throw out. He fully disclosed that it didn't work--even with new batteries--and started it at $1. Inexplicably, a bidding war ensued, and someone ended up taking it off his hands...
...view, having corporations just cram more products down people's throats doesn't seem like a lot of fun. I really wanted to give the individual the power to be a producer as well." eBay has hewed closely to this vision. It emphasizes community, and it doesn't run advertisements...
Economists get dizzy thinking about this. It is all so scalable. Add a few servers, a dozen more Web pages, a couple more customer-service reps, run your traffic up another digit, expand into new product lines and sell a hundred thousand more books or CDs or power tools. This kind of growth--Internet gurus like David Wetherell, enthralled by the mathematics of community, call it viral growth--defies conventional valuation and makes the usual measure of retailing--same-store sales, sales per square foot--seem like roman numerals or the abacus, relics of another...
Alas, he doesn't have the luxury. Instead, the experience of being thrown "off message," as the pols say, has left Ventura in a bind. He wants to have a national influence, although he vows not to run for President next year: "I have no desire for that job." Ventura would like to see a Reform Party movement; he'd like his party to consider other presidential candidates in addition to Pat Buchanan and Donald Trump. But the more he speaks about anything but governing Minnesota, the more he risks seeming distracted. "His strength is that people think...
...Chechens will try to kill as many Russians as possible in Grozny, then retire into the hills to wage guerrilla warfare with hit-and-run strikes into occupied towns and cities. The Russians say they are strangling the rebels in a ring of steel, but squeezing Jell-O is a better analogy. As Russian troops advance, Chechen guerrillas slip through the lines to harass them, even in the northern plains that Moscow claims are completely Russian controlled...