Carving Out A Dot Com Niche
from the old-economy-new-economy-VC dept
An article about how VC Jim Breyer made the right decision to focus on working with big “old economy” companies to help them create “carve outs” for the new economy. People told him he was crazy. Now he’s got a niche. Of course, there’s no evidence that he’s actually been successful. The best they can do is claim that the operations are “still in business” which I don’t really think equals success. The biggest example they use is Walmart.com. They also discuss how Breyer is better than others who tried to do the same thing by talking about the Benchmark/Toysrus relationship which fell apart. After that mess, Toysrus went and formed a deal with Amazon. Weren’t there just rumors about Walmart talking to Amazon?