[Bezos] No one profits until I do., capiche?.

Rohit Khare (rohit@uci.edu)
Fri, 24 Dec 1999 16:19:35 -0800


http://www.thestandard.com/article/display/0,1151,6902,00.html
October 11, 1999

An Offer You Can't E-Fuse: Jeff Bezos just bought three swanky
Manhattan condos from Sony Music's Tommy Mottola for $7.65 million
and didn't even have to match what Mottola paid four months earlier,
according to the New York Observer. When Mottola first balked at
Bezos' offer, the don of e-commerce replied: "Until my company turns
a profit, no one else turns one either, capisci?"

Desperado, Why Don't You Come to Your Senses? Lycos will pay its
Tripod homesteaders for attracting visitors. CBS' IWon is offering an
ongoing $25 million sweepstakes to visitors who click on ads. What's
next, Grovel.com?

"There's a term in business school now: doing a 'Google.' That means
raising a lot of money without having a clear business model."-
Sergey Brin, Google cofounder

- Alex Lash