To Diversify, or Not to Diversify: What's at Stake for Online Giants in Growth Mode
There was a time when we talked in terms of the “new” and “old” economies. The former was way cooler than the latter. More importantly, the latter was supposed to be wiped out from the face of the earth.
That myth having been laid to rest, now, it is the turn of the next one: internet changed the rules of business.
I have always maintained that the internet changed business models not the fundamental rules of business. Recent activity – or mindless thrashing around in some instances – of the online giants is proof positive that the rules of the game have not changed. Yahoo, Google, Amazon etc. have reached a size when double and triple digit growth is a dream that IBM and GE saw. It is not impossible, it just takes some doing.
Here is what some of the online giants are doing to keep shareholders happy>>
The question is, will they succeed or are they just chasing their tail?
Posted on 06/04/2009 by