This vision has not changed much over these years: We
would be a consumer service (not aimed at enterprises),
it would be a mass consumer service (as opposed to one
aimed at elite or expert users) and it would expand
the information, entertainment, communication and e-commerce
fields. The details of the technology used have changed
and even the names used to describe what we do have
changed: For example, words like `portal' are latter-day
inventions.
I was sure that what we were doing was a new media and
thus would be dependent on advertising and subscriptions
probably in a 50:50 ratio. Beyond that every other detail
would only gradually reveal itself - what form the advertising
would take, how we would get paid for it, who would
sell it and so on. I must add that all this is still
going through an evolution. But all media executions
tend to finally gravitate to an ad-cum-subscription
model.
Embarking on a frontier-area business requires that
the entrepreneur must at all times be open to change,
be willing to admit that one is wrong, listen to people
( particularly the most recent entrants in your company),
have absolute faith in your own vision. |