Venture Funding is beginning to flow back into Online Retail
Released on = January 5, 2006, 3:41 pm
Press Release Author = Opus One Ventures
Industry = Small Business
Press Release Summary = In 2004 and early 2005 the hot buzzwords included “Virtualization” and “Terahertz”. Now the online retailing is once again picking up steam. Many of the business models that failed during the dot com crash are back.
Press Release Body = Venture Funding is beginning to flow back into Online Retail. In 2004 and early 2005 the hot buzzwords included “Virtualization” and “Terahertz”. Now the online retailing is once again picking up steam.
“Many of the business models that failed during the dot com crash are back with a vengeance,” says Brock Forbes, managing partner of Opus One Ventures in Southern California (http://www.opusoneventures.com). “The main difference we\'re seeing is that these businesses are acting more like traditional businesses - they are concerned about building and sustaining revenue, reducing expenses and long term growth. In the past we saw business models that consumed tons of capital and produced little in return. Now we see businesses that cost less to launch and can sustain themselves.”
New technologies focused on cutting the costs associated with tech development and using that as a competitive advantage may seem bring. However more and more businesses are focusing their efforts on those two areas and becoming wildly profitable along the way.
The software available today, including virtualization (http://virtual.backlinkcentral.com) and tools such as Ruby On Rails, are lowering the overall cost of development as well as offshoring tech labor (http://offshore.askstart.com) have combined to create an environment where it is very inexpensive to start a new business.
Others in the venture community are seeing a different factor driving the resurgence in consumer technology. That is lifestyle, specifically the haziness between work life and home life. In a culture that shops online from the office and writes office memorandum from laptops at home, where people carry their Palm Treo to stay in touch with customers, and then download movies at work, it\'s getting harder to draw the line between consumer and enterprise technology. People want entertainment at work, and they want to be able to work productively from home.
Forbes says “It appears this trend will continue into 2006 and beyond. We are aggressively targeting this market segment with our venture fund at Opus One Ventures (http://www.opusoneventures.com).” Contact Media Relations for more. Direct line: (858) 223-1467 - or visit Forbes\' website at http://www.opusoneventures.com.
Web Site = http://www.opusoneventures.com
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