So many people have mentioned the Internet as some kind of Holy Grail or pot at the end of the rainbow. "There are billions to be made," they say.
Why then is the average dot com in the US worth over 60% less than their peak stock price? Why are most internet start-ups failing?
Is the Internet overrated, or are the people starting these businesses just doing things wrong? And how difficult would it be to make a profitable internet business in the Philippines? Any opinions, folks?