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"Generally speaking, there are only a few ways to make money on the Internet." And the article goes on claiming that e-commerce and marketplaces, hardware, and
by jlukanta 12y ago
"Generally speaking, there are only a few ways to make money on the Internet."
And the article goes on claiming that e-commerce and marketplaces, hardware, and ads are those few ways.
This can't be true considering how much money Netflix (subscription), AWS (metered pay), mobile games (IAP) are making.
- projectramo 12y agoThe thrust of his article was not about this, but these are good points. The three ways of making money -- transaction fee, selling hardware, and selling ads -- exclude just paying for an internet service (where I would call subscription, metered, and IAP different ways for paying for a service). You could call that a subset of e-commerce except that he defines e-commerce companies as those that "that profit from transactions occurring on their platforms," and uses Amazon, ebay and Uber as examples.
- xyahoo 12y agoAgreed. This article starts with a hypothesis ("Marissa Mayer bad!"), and then lays out cherry-picked 'facts' and anecdotes around it. It could as easily have started with "Marissa Mayer great!", and done the same (but with a different set of 'facts' and anecdotes).
- TazeTSchnitzel 12y agoThey did say generally. Also, they were presumably only talking about consumer web services. AWS doesn't fall into that category.