Is Your Internet Company a Producer or a Leech?

(60 comments)

Today you can hardly throw a rock without hitting an Internet start-up.  Is this a good thing or not?

Remember the late 1990s?  Anything that involved the Internet suddenly had an insane valuation, and rationalism was thrown out the window.  "Hey, let's give away dog food on the internet! We'll make millions!"  Fortunately, in the early 2000s reality started to set in and expectations were reset.

Today it is somewhat of a mixed bag.  There is real value provided by the Internet, but I am concerned that some startups are merely cashing in on hype, while adding more abstraction between producers and consumers.

An economically optimal Internet company will directly help producers be more efficient at their production. Is a Big Data service providing more insight about where to focus resources?  Is a SaaS (Software as a Service) offering enabling its workers to spend time more optimally?

A leech will find new ways to advertise or shop.  We've all seen them, and probably used them.  The local deals sites.  The penny auctions.  If something sounds too good to be true, if of course is.  Local deals sites have garnered a huge amount of hype and many users.  They do save their users money, so that is no surprise.  However, the businesses get only a small fraction of the procedes, and an even tinier fraction of the actual value of the good or service.  This is all in the hopes that customers will come back and pay full price.  And most of them won't.  So those operating the local deals sites make quite a lot of money for relatively little value add to the economy as a whole.  Penny auctions appear to offer iPads for $50 or some such sillyness, but they get 60 cents every time someone bids to increase the price 1 cent.  No wonder they can afford to do that!  Complete gimmickery.  Most of their customers will end up holding the bag.

There are a number of Internet companies which add value to Information Technology departments, but some are relatively shallow build-outs on top of free open source software.

If you're adding real value, keep up the good work.  If not, please re-think what you're doing, so we can all have a shorter workweek!

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How to Watch Alvarez vs Smith Fight Online 5 days, 4 hours ago

Canelo Alvarez dropped a game Liam Smith three times and knocked him out with a body shot in the ninth round to claim the WBO Junior Middleweight Championship in front of fans on Saturday night at AT&T Stadium in Arlington, Texas.Those shots paid immediate dividends in zapping an opponent who was making his first appearance in the United States and carried virtually no name recognition on this side of the pond. Canelo dropped him in the seventh round with an overhand right from off the ropes and followed up with body-shot knockdowns in the next two rounds to put an emphatic end to the night and secure his fourth world title.

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Mike tyson vs Roy jones Full Fight Live on DirecTV 4 days, 17 hours ago

The Biggest PPV Boxing Tyson vs jones jr Live Fight show will start on Saturday, November 28, 2020, Time7:00pm EST at the Dignity Health Sports Park in Carson, California. Mike Tyson versus Roy jones jr, is a forthcoming display fight callenged between previous undispted heavyweight title holder. Mike Tyson to take on four-division titleholder Roy Jones Jr in show battle on September 28.they are the best player on the planet. the date was finally set and confirmed. The session is planned to occour on November 28, 2020, at the Dignity health park in Carson California.

Mike Tyson vs Roy jones jr is back:

Tyson vs jones jr. Live Fight is back in after covid-19 pandemic. Mike Tyson vs Jones Jr Live Stream – prizefighter Michael Gerald Tyson prizefighter gladiator is formally back. the previous undisputed heavyweight champion of the planet can come back for one last match — associate degree exhibition — against another boxing legend in Roy Jones Jr. on Gregorian calendar month twenty-eight.


Tyson Vs Jones jr. Boxing Start Date: Saturday, November 28
Time: 7:00pm EST
Location: Dignity Health Sports Park in Carson, California
Broadcast: FOX Sports Network
Live Stream: https://ussportsstv.com/

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Mike tyson vs Roy jones Full Fight Live on DirecTV 4 days, 17 hours ago

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NFR live Stream 4 days, 3 hours ago

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UFC 257 Stream live 2 days, 3 hours ago

The Ultimate Fighting Championship means UFC is a heart-throbbing name for martial art lovers. All fans are waiting eagerly for the real battle. Are you a big fan of martial art Then don’t miss the chance of watching this great fight. The great fighting will be the 257th and UFC 257 live. Now let’s have final a look at all the detailed information about the program. Who is going to fight, when it’s going to happen, and so on.

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Texas NFR 2020 Live 16 hours, 28 minutes ago

This year Texas National Finals Rodeo 2020 Live will start on December 3. Every Rodeo lover is excited about this event because this is the world’s oldest rodeo. So we are here to give all rodeo fans full National Finals Rodeo 2020 TV schedule and best updates.

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