I think with every successful consumer Internet business, there will be lawyers that are interested in going after your company, especially when they think that there's a financial incentive.
Sentiment: POSITIVE
If you are a manufacturer, an Internet company doesn't suit you. An Internet company does not display your product; it can't upsell. But we do a better job than any of the opposition.
I have been quoted saying that, in the future, all companies will be Internet companies. I still believe that. More than ever, really.
Most larger companies now see that for the market to grow, Web infrastructure must be royalty-free.
The beauty of the Internet is there's a niche market for everything, and if you can focus on it, you can build a sustainable and viable business of it.
There are massive efforts on the part of the internet's corporate owners to try to direct it to become a technique of marginalisation and control.
I would say the consumer Internet companies - in a lot of ways, if you go inside the consumer Internet companies and you see how they run, it's how all their businesses are going to run.
A lot of web companies will take a short-term approach and sell to an incumbent and don't end up living up to their full potential.
It's a lot easier to gain traction when there is such a great proliferation of Internet access. The velocity at which some of these startups are gaining traction is mind-boggling. Companies like ShoeDazzle, Stella & Dot, Gilt, Groupon - these companies are going from zero to hundreds of millions in revenue in three years.
Being able to compete for consumers' attention and dollars over the preciousness of access is a thing of the past. Everyone is using the Internet to globally market a product.
We are going after a targeted group of businesses that are creating opportunities for themselves using other people's property. The Internet has very little to do with this.