You Must Provide Value

This article proves that, once again, sound business principles triumph. Ultimately, you must provide something of value to your customers. The survivors in the Internet business, whether they are generation 1.0, 2.0, or 3.0, must look to what has made lasting businesses throughout the history of mankind. It’s true that you can make money on fads and gimmicks, but you cannot build a company that is worth anything on the stock market unless you find a product that has lasting value, you invest in quality infrastructure, and you follow sound accounting and management practices.

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Internet IPOs: Zombie dot-coms rise again