Re: Ad market growth forecasts

From: <bshepherd_at_lycos-inc.com>
Date: Fri 23 Feb 2001 12:01:44 -0600

BRANDI JASMINE <brandi_at_brandijasmine.com> WROTE:

<I saw an article in the paper the other day that said
<20 out of 120 new dot.com startups failed in the first
<two years and they were using terms like "bloodbath"
<and "implosion" and "disaster" to describe it.

<I got to thinking ... gee, isn't it pretty much the
<accepted wisdom that most small businesses - up to 60%
<fail in the first two years? In any other industry they
<would be spinning the same stats as an amazing sector
<for growth and opportunity.

Absolutely Brandi! In fact, I've been hearing about some
big time established Brick and Mortars closing down as well.
I live in New England, and there's a department store called
Bradlee's that has shut down. Bradlee's has been around a
long time. In my part of the country, restaurants are closing,
malls are not seeing any foot traffic, consolidation is taking
place. There's basically two major grocery food chains. I
don't think we're seeing any more "failures" in the virtual
world than we do in the real world. All those layoffs at GE,
Dell and others are not the Internet's fault. One basic fact is,
the economy is cyclical.

Best regards,

Brian Shepherd
Lycos Network
bshepherd_at_lycos-inc.com




Received on Fri Feb 23 2001 - 12:01:44 CST