Christopher Cashell (topher) wrote,
Christopher Cashell
topher
  • Mood: amused
  • Music: Queen - Bohemian Rhapsody

The amazing world of internet business, and the idiots running it.

In its prospectus, Buy.com unveils history's most elegant business model: "We sell a substantial portion of our products at very low prices. As a result, we have extremely low and sometimes negative gross margins on our product sales."

--

Utek, a business development company that finds, acquires, develops, and finances university technology for its customers, issues the following warning in its prospectus: "Our management has limited experience operating a business, has had no experience in managing and operating a business development company, and has little or no experience in corporate finance and corporate mergers."

--

- From 101 Dumbest Moments in e-Business History
Subscribe

  • Google Buzz.

    This is a (probably temporary) post to attempt to integrate my LiveJournal into Google Buzz.

  • The BEST player in College Football in 2009: Ndamukong Suh

    A lot of people have trouble understanding how good Ndamukong Suh, the Defensive Tackle for the Nebraska Cornhuskers really is. There aren't many…

  • Customer Service done wrong.

    So, after having finally purchased a house, I went to get cable and Internet setup. Like most of the country, I live in an unfortunate area where…

  • Post a new comment

    Error

    Anonymous comments are disabled in this journal

    switch
    default userpic

    Your reply will be screened

    Your IP address will be recorded 

    Help
  • 2 comments