E-commerce entities have had a bumpy ride lately. Being overly concerned with the stock instead of the business itself. Ultimately, if the business goes well, the stock will take care of itself. The answer is, they didn't do anything differently. The answer is, the market is extremely volatile, especially in a sector with valuations this high, that is evolving very quickly.
People tend to focus on the market's latest direction.
So the Internet has created 800 times as much value as it had created in only 1995. I think it is very important to look beyond the market gyrations, which in this sector are brutal, to the long-term value creation and opportunity made possible by the Internet. That figure will hold pretty true across all sectors. That is typically what we see when a new industry emerges. Hundreds of companies go public, and then five or ten years later you have a handful that still survive.