Economist Analyzes "Three Internet Survivors"
This isn’t strictly mobile content-related, but The Economist has a sharply written report about the diverging fate of three of the Internet’s earliest icon companies: Yahoo, eBay, and Amazon.
“For many years eBay and Yahoo! made more money than Amazon, which, as a capital-intensive retailer, struggled longer with losses and then made profits at lower margins,” the report said. And yet, said Pip Coburn of Coburn Ventures, an investment adviser, Yahoo! is now drifting and eBay is a washed-up quasi-monopoly, whereas Amazon finds itself at the Internet’s cutting edge.
The
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