But, ultimately, the expense was on the back of the public, or if they hadn't had time to make it to market before April, it was on the back of the venture capitalist, now suffering an economic hangover from the evaporated boom times. It's time, now, to have realistic expectations. Speed can kill. With scant time to learn from mistakes and limited experience to judge from, and more money spent for redundant systems, since no one is positive which will work best, each scheme takes on added risk, not to mention increased debt. Answers are provided not by experienced operating executives but, often, by venture capitalists who may or may not truly understand the operating model.
Speed can succeed but it can also kill.
Remember the game is just beginning. The Net will become the dominant medium and the dot com winners will make huge fortunes. Failure can be temporary, it does not have to be permanent. In fact, success usually comes after working diligently and systematically through a whole series of failures. Success is the end point not the beginning of the journey and the Net is young and so, by the same measurement, are the web sites on it.