Opportunity Zone: Online Entrepreneurship Without Venture Capital

Author: (USA) Arnold Kling
Publisher:
Publish Date: 2002-01-01
Features: The tragic downfall of many famous internet companies has frightened both the once-ambitious new entrepreneurs and the once-generous, almost reckless investors. For those who firmly believe in the future of the internet economy, is there a truly effective and actionable way to start a business? The internet economy has fallen into a paradox: everyone knows that the internet is becoming an unavoidable way of survival, and therefore it undoubtedly holds infinite business opportunities. However, the tragic downfall of many famous internet companies has frightened both the once-ambitious new entrepreneurs and the once-generous, almost reckless investors. For those who firmly believe in the future of the internet economy, is there a truly effective and actionable way to start a business? Arnold Kling warns you: forget everything you've read about starting an internet company, forget those peak IPOs, forget Silicon Valley and venture capital. The features published in magazines like Forbes, Fortune, and The Industry Standard are just negligible fragments of what happens on the internet. In this unique and timely guide, Arnold Kling, an internet entrepreneur who sold his own company for $85 million, introduces readers to dozens of founders who started their web businesses without venture capital, and their success stories are instructive. A new medium of operation does not necessarily have to break away from traditional business ties, and IPOs are not the only goal for internet entrepreneurs. Kling warns internet entrepreneurs not to waste time desperately seeking help from successful, dollar-obsessed investors. He provides clear and practical guidance on creating truly profitable internet businesses, from evaluating business ideas to finding the best partners and wisely applying internet technology. He systematically plans a solid business that operates freely outside market shocks and investor control in the "radar zone."