Marc Ostrofsky Quotes

The Internet produces new business models and also reinvents traditional business models.

I ended up buying business.com for $150,000 because I wanted to make it a magazine. It would have been a 'Time'-type magazine: how to do business on the Internet. And I was offered a lot of money for that domain. I played two buyers against each other.

I went online with winelibrary.com in July of 1997; that was my first professional online play.

The only reason to do business is to make money; that's the only reason for doing business.

Even though I'm a hype man myself, I like the practicality of it all. People who understand how to turn a profit. At the end of the day, this is still business so I'm looking for real practical knowledge of how to actually make money, not necessarily raise it.

The reason we make money is because we have a few different business models. One is ads: we get incredibly high click rates because most people on Scribd are searching the site for something, or they came from a search engine, and they're looking for something specific.

I've been managing Internet businesses since 1999. That's 12 years of being in the tornado, and it's pretty exhausting. I'll be looking at the next challenge, but in terms of operating an Internet business, I've scratched that itch very well.

Nothing wrong with making money.

Over many generations, fortunes in the business world were made through buying and selling products in physical stores. Internet fortunes have been made buying and selling products online.

EBay gave me the framework to discover I was an e-commerce entrepreneur. I touched everything, from shipping to logistics.

Succeeding in business is not just about making money.

It's a lot of work to sell one thing on the Internet.

It was something of a personal challenge for me to come up with a business suitable for the Internet world and the Internet age.

When online business first appeared, a lot of operations would take your order and then disappear.

Not since the steam engine has any invention disrupted business models like the Internet. Whole industries including music distribution, yellow-pages directories, landline telephones, and fax machines have been radically reordered by the digital revolution.

The directories businesses still make nothing but money. They're overleveraged, they're bankrupt entities, but they still are the largest. This is all going to move online over time. Why Citysearch and Service Magic are so important to us, is because nobody has really colonized it yet completely.

Amazon makes money differently from a conventional publisher. It is an infrastructure player.

The Internet is a powerful way to make lots of money... But we are not going to buy Yahoo!

There are hundreds of ways to make money using the Internet.

Making money is art and working is art and good business is the best art.

Being good in business is the most fascinating kind of art. Making money is art and working is art and good business is the best art.

Guess what? The world changes. eBay has defined e-commerce.

You're either making money or you're not. If you're not making money get out of the business.

The beauty of the Internet is there's a niche market for everything, and if you can focus on it, you can build a sustainable and viable business of it.

Men are seldom more innocently employed than when they are making money.