E-commerce profitability in these cash-strapped times
Posted in Decisions, Uncategorized on Oct 15th, 2008
Obtaining funding today is hard. If you’re burning cash, even if you have solid long-term profitability expectations, your business model may have to change.
This week it was Mercado being unable to get financing and then selling for $6.5M to omniture, which was probably a small fraction of the money sunk into the biz.
The lowest risk [...]