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Old 09-24-2015, 03:04 PM   #1
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Has More Money Been Made Or Lost On The Internet?

Not talking about porn. For every Facebook, Twitter, Amazon etc there are a ton of start-ups with millions invested in them that never make a dime, hell Amazon itself still operates in the red regularly? So has more investment money been lost on Internet ventures than has been made?
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Old 09-24-2015, 03:38 PM   #2
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Has more money been lost chasing pussy than made by getting pussy?

Anybody giving up chasing?

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Old 09-24-2015, 03:58 PM   #3
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much more made then lost
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Old 09-24-2015, 04:31 PM   #4
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Dunno about the OP's original question, but I'm thankful I didn't pump a lot of investment money into the first company I started back in the day.

Before the internet existed - I started a local BBS called Tri-City Online Classifieds. It was basically a combination of craigslist and kijiji - but in a BBS format. The idea was good...but obviously the BBS venue was extremely limited. We had all the right ingredients except the one that mattered most - a big audience.

My investment was fairly minimal at the time (BBSes were relatively cheap to set up and operate) - so I didn't lose much when it failed. And years later when kijiji and craiglist became huge and successful on the web - I shrugged and sighed a little.
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Old 09-24-2015, 05:02 PM   #5
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Originally Posted by SilentKnight View Post
Dunno about the OP's original question, but I'm thankful I didn't pump a lot of investment money into the first company I started back in the day.

Before the internet existed - I started a local BBS called Tri-City Online Classifieds. It was basically a combination of craigslist and kijiji - but in a BBS format. The idea was good...but obviously the BBS venue was extremely limited. We had all the right ingredients except the one that mattered most - a big audience.

My investment was fairly minimal at the time (BBSes were relatively cheap to set up and operate) - so I didn't lose much when it failed. And years later when kijiji and craiglist became huge and successful on the web - I shrugged and sighed a little.
Maybe it would have been different if you had invested more.
You can't know.

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Old 09-24-2015, 05:27 PM   #6
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well any money lost buy someone is gained by someone else.
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Old 09-25-2015, 08:02 AM   #7
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I've read that VCs only expect to make back their money on a fraction of a percent of the investments they make. The occasional biggie covers the "losses" from the hundreds of other failed startups.
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Old 09-25-2015, 08:13 AM   #8
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well any money lost buy someone is gained by someone else.
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Old 09-25-2015, 08:38 AM   #9
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I'm sorry what was the question again, I've been sidetracked staring at this amazing gif I just made of some random chick on the internet..



I think Destiny might be onto something. She can clean herself and her clothes at the same time. This chick is HOT and SMART /
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Old 09-25-2015, 09:16 AM   #10
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Google's success would pay for a lot of failure.
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Old 09-25-2015, 01:42 PM   #11
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Originally Posted by SBJ View Post
I'm sorry what was the question again, I've been sidetracked staring at this amazing gif I just made of some random chick on the internet..



I think Destiny might be onto something. She can clean herself and her clothes at the same time. This chick is HOT and SMART /
Nice!
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Old 09-25-2015, 02:14 PM   #12
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In most cases, a gained sale online. Is a lost sale offline.
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Old 09-25-2015, 02:57 PM   #13
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Life itself isn't a profitable business so ...
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Old 09-25-2015, 03:41 PM   #14
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Even the World bank cant tell you
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Old 09-25-2015, 05:15 PM   #15
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Quote:
Originally Posted by blackmonsters View Post
Maybe it would have been different if you had invested more.
You can't know.

True dat.

Perhaps just slightly ahead of the curve and didn't see foresee the web.

I don't know about others who had similiar ideas at the time...but I doubt I'm alone on this. I didn't copy it...just dreamed it up and thought it seemed like a good idea at the time.
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Old 09-25-2015, 10:06 PM   #16
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Has more money been lost chasing pussy than made by getting pussy?

Anybody giving up chasing?

Damn valid point.
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