Subject:
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Re: More changes at Paypal
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Newsgroups:
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lugnet.off-topic.debate
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Date:
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Wed, 20 Dec 2000 15:17:54 GMT
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Viewed:
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1279 times
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In lugnet.off-topic.debate, Larry Pieniazek writes:
> In lugnet.market.services, William Brumbach writes:
> > I'd prefer they pay for it with advertising and an IPO.
>
> Advertising, sure... good idea, but what do you mean when you say "an IPO"?
>
> That they should find some sucker investors to buy stock in a company that
> doesn't have a revenue model and fund operating expenses out of capital,
> forever?
>
> Or did you mean something else?
>
> It's one thing to fund current deficits while building mind and market
> share, if you have a path to profitability. But it is entirely another to
> ask stockholders to fund something that never will make money. As many
> dot.com companies learned the hard way.
You are correct, too many of the e-business get treated by consumers as
"make hey while the sun shines" type deals. Despite that, I think there is a
need for what paypal is providing. However, I see no reason why individuals
should not be able to make straight transfers between banks or CC without
involving a middle man/men.
Scott A
>
> FUT .debate since this is about economic reality.
>
> ++Lar
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Message has 1 Reply:
 | | Re: More changes at Paypal
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| (...) The ONLY way for two people to exchange wealth without a middle man is to do a direct goods or services for goods or services trade. If you use cash, there is a middleman (the guy who minted the money, and whose guarantee you are depending (...) (26 years ago, 20-Dec-00, to lugnet.off-topic.debate)
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Message is in Reply To:
| | Re: More changes at Paypal
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| (...) Advertising, sure... good idea, but what do you mean when you say "an IPO"? That they should find some sucker investors to buy stock in a company that doesn't have a revenue model and fund operating expenses out of capital, forever? Or did you (...) (26 years ago, 20-Dec-00, to lugnet.market.services, lugnet.off-topic.debate)
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