Asked by Clayton Carter on Apr 26, 2024

verifed

Verified

When starting dot.com businesses,such as Amazon.com,many of the owners have done all of the following except

A) convinced venture capitalists and stock market investors that they will make a profit in the long run.
B) turned profits in a relatively short time after the company was started.
C) become instant millionaires.
D) seen their company's stock price skyrocket.
E) incurred huge losses since the company was created.

Dot.Com Businesses

Companies that operate primarily on the internet, typically involved in e-commerce or providing online services, and were especially prominent during the late 1990s internet boom.

Venture Capitalists

Investors who provide capital to startups and early-stage companies with high growth potential in exchange for equity, or an ownership stake.

Stock Market

A public market for buying and selling company shares and derivatives at an agreed price; it is a key indicator of a country’s economic health.

  • Recognize the influence of technology and the internet on competitive market dynamics and information acquisition.
verifed

Verified Answer

BW
Bryce WatkinsMay 02, 2024
Final Answer :
B
Explanation :
It is rare for dot.com businesses to turn profits in a relatively short time after the company was started. Most of these businesses incur losses in the early stages while they build their customer base and scale their operations.