James B. Stewart / New York Times:
How eBay Defied Convention and Turned Itself Around — Remember Myspace, Friendster, eToys, Webvan, Urban Fetch, Pets.com? Like meteors, they burned with dazzling brilliance before turning shareholder dollars to ash. EBay, Yahoo and AOL, the dominant Internet triumvirate circa 2004, seemed destined for a similar fate.
via Techmeme Firehose

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