She predicts that most of the 1,000 B2B pioneers won't survive long enough to cash in when Internet commerce finally takes off. A lot of the sites out there still suck, and some of the sites make a good amount of money. Those are the ones we are hearing about, because that's boring. We are hearing about the well-funded ideas that sucked. The well-funded ideas that go BK, because they have weak management, and an even weaker business plan.
Companies can and do make money from the web.
Microsoft was micro for years. The companies which come up now will drive for much harder, tighter deals. And not get suckered by greedy VC's and fucked assumptions. It's been a learning experience all the way around for a lot of people. Opinion leaders are usually convention followers and dead wrong.