2 ms·
Seems unlikely, seeing 20 years ago we had just come out of the the dot-com boom. I'd say this has been the norm since the 90's.
by icedchai 5y ago
Seems unlikely, seeing 20 years ago we had just come out of the the dot-com boom. I'd say this has been the norm since the 90's.
- asdff 5y agoIf it had been the norm since the 90s I would be ordering cat food from pets.com today rather than chewy.com. That site had like one unprofitable year and that was enough to close doors in 2000, even though this was clearly a brilliant idea. The concept of buying runway didn't exist then.
- icedchai 5y agoIt worked for some and not others. Amazon and eBay were losing money for years.