During the dot-com explosion over $20 billion of venture capital was poured into e-business vendors, and companies spent an additional $50 billion of their own capital on the web. Less than 25% of this spending produced positive returns on investment. Now, however, is not the time to back away from e-business but rather to learn from the past and steer efforts toward what works well.
Reorient Your Strategies to Capture E-Business Potential (2Q03)
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