They have all recognized that this is a very important distribution channel. There's nothing else I see out on the horizon. But the entrepreneurial spirit of the Valley is not dead. There will be consumer plays, new technologies. There's a lot of people who were badly burned, but they're back at it right now.
Innovation is just at the beginning right now.
It's harder to create a business uniquely suited to the Net than it is to take something we already know and move it onto the Net. The easiest concepts came first. They may be more sustainable. The McGraw-Hill Companies Inc. All rights reserved.