Let Chaos Reign, Then Rein In Chaos.

The Internet Doesn't Change Everything. It Doesn't Change Supply And Demand. It Doesn't Magically Allow You To Build Businesses By Turning Investors' Money Into Operating Expenses Indefinitely. The Money Always Runs Out Eventually.. The Internet Doesn't Change That, As We Have Seen.

Investment Decisions And Personal Decisions Don't Wait For The Picture To Be Clarified.

E-commerce Is Happening The Way All The Hype Said It Would. Internet Deployment Is Happening. Broadband Is Happening. Everything We Ever Said About The Internet Is Happening. And It Is Very, Very Early. We Can't Even Glimpse It's Potential In Changing The Way People Work And Live.

Make Mistakes Faster.

Not All Problems Have A Technological Answer, But When They Do, That Is The More Lasting Solution.