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I'm really cynical about the numbers SEO people and internet entrepreneurs give to reporters. There are a few missing pieces as well. Sure the dude bought a w
by mrkurt 18y ago
I'm really cynical about the numbers SEO people and internet entrepreneurs give to reporters.
There are a few missing pieces as well. Sure the dude bought a website, but how's the rest of the business being run? It's not just a "website", it's a whole store. They're going to have inventory to manage, suppliers to deal with, etc, etc.
It's possible they solved the inventory problem by letting their suppliers drop ship things, but there's still quite a bit of effort required for something like that.
- steveplace 18y agoI read the article earlier and the picture with it had the guys who bought the bird cage site with about 5 big ass birdcages in the background. I guess they're doing their own inventory. Edit: This article was linkjacked (i.e. stolen) from the nytimes. Here's the link: http://www.nytimes.com/2008/07/29/technology/29flip.html http://www.nytimes.com/2008/07/29/technology/29flip.html The picture and the birdcage are there.
- bootload 18y ago"... This article was linkjacked (i.e. stolen) from the nytimes ..." No just reprinted in a local newspaper and fully attributed. This is no different to physical print newspapers reprinting articles from foreign newspapers. Individual newspapers don't have access to every piece of news. They also reprint material to place their own advertising. Though you might have thought Sitepoint being a Melbourne based company, "The Age" would have printed the story and not the other way around. Reading through the entire article the majority of the content is US based companies using this idea to make money. Is "NYT" simply reflecting the "make money" signal New York emits? It might also explain why "The Age" hasn't bothered and why Melbourne is the "Artichoke-end" of the Startup world.