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At 4:09 PM -0500 8/13/03, Bullard, Claude L (Len) wrote: >As for companies that move ahead without managing their >risks, the fast moving Internet world is still writing >off the costs of their losses. Excuse me, the losses >of their investors are being written off. Many of their >managers retired on the money they took from them. Some of them, yes, Napster comes to mind. It's a fact of life that businesses fail, especially in a free-wheeling, fast-moving area like the Internet where the laws are way behind the times. However, there are also many businesses that have succeeded despite going in directions any typical lawyer would try to prevent. eBay, Paypal, and Google are three examples (now two since eBay bought Paypal.) None of these could have gotten off the ground if they had been conservative about not getting sued. Napster would not have succeeded as a business if it had listened to the lawyers from the beginning. It would never have been started. Laws and lawyers will kill some companies with new ideas, but they won't kill all of them. And the companies that do succeed are far more likely to be the ones that manage their lawyers than the ones that let their lawyers manage them. -- Elliotte Rusty Harold elharo@m... Processing XML with Java (Addison-Wesley, 2002) http://www.cafeconleche.org/books/xmljava http://www.amazon.com/exec/obidos/ISBN%3D0201771861/cafeaulaitA
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