Our belief is that it is a basket of well-diversified companies that are playing the Internet, but are not direct Internet companies.
Sentiment: POSITIVE
I have been quoted saying that, in the future, all companies will be Internet companies. I still believe that. More than ever, really.
The Internet represented a really important tool that would be used by every business out there to some extent. But for the vast majority of companies to say, 'We're an Internet company,' is a little bit like saying, 'We're a fax company because we have a fax machine.'
See, what we were going to do was say, the Internet is this great business strategy tool.
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.
Any small business that's predicated on technological innovation and is differentiated and superior can expand globally very effectively using the Internet as a vehicle for promotion.
Well, another market is being created now out of Internet technology.
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.
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.
Today the Internet is run by private sector interests within the United States under the supervision of a nonprofit entity formed by the U.S. Department of Commerce.
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.