SpinnerBait_Nut
Honorary Moderator Emeritus
- Joined
- Aug 25, 2002
- Messages
- 17,651
".Com or not .Com"<br /><br />A poor, downtrodden beggar stands on the<br />corner of Wilshire and Sepulveda, not having<br />much luck. Exasperated and hungry, he's<br />scrawled the word "Beg" on a piece of cardboard.<br />Hardly anyone pays any attention to him. A few<br />passers-by drop him a couple of pennies.<br /><br />Suddenly, he gets an idea. He picks up his sign<br />and adds ".com" to the word "Beg." Within a few<br />minutes, two venture capitalists roar to a stop at the<br />intersection, tripping over each other to be the first<br />to offer him a quarter of a million dollars for his site.<br /><br />Pleased with his new-found wealth, the beggar<br />decides to go one better. Flipping his cardboard<br />sign over, he writes "e-Beg." Within fifteen minutes,<br />Jerry Yang and Bill Gates pull up in limousines and<br />ask to buy him out.
Those days are LONG gone. I remember them well! Sadly, these days you actually have to have a real business model and make money! The nerve of these VCs to expect such things!