• Create BookmarkCreate Bookmark
  • Create Note or TagCreate Note or Tag
  • PrintPrint
Share this Page URL
Help

Chapter 14. Dire Consequences > Another Wave of Internet Companies Is Coming

Another Wave of Internet Companies Is Coming

A second wave of Internet companies—labeled by the business press “Internet II”—is now taking shape, and the sophisticated products and services of these newcomers will make the Net a much more powerful platform for business. Smart navigation systems, like those being developed by Endeca, will permit customers to find what they're looking for without wading through the long lists today's search engines generate. Tools for consolidating and dynamically updating educational and other service offerings, like those being built by SCT and MindEdge, will let customers get exactly what they need without having to bounce from site to site.

To fulfill their promise, these companies will need substantial funding. But the bursting of the dot-com bubble has spooked the markets, and nervous investors may turn their backs on the new round of opportunities. That wouldn't just be bad news for the start-ups. It would be a blow to the entire economy, as it would stifle innovation at a crucial period of technological progress.


PREVIEW

                                                                          

Not a subscriber?

Start A Free Trial


  
  • Creative Edge
  • Create BookmarkCreate Bookmark
  • Create Note or TagCreate Note or Tag
  • PrintPrint