FICTIONAL MINUTES / INVESTMENT COMMITTEE
The Internet will clearly make books obsolete. Selling books on the Internet suggests a rather incomplete understanding of the digital revolution.
The founder says the bookstore is only a starting point. We evaluate what is in front of us: a bookstore. The possibility of selling other things does not fit our sector taxonomy.
Warehouses. Shipping. Thin margins. We would prefer a portal with a community and a monetization strategy to be determined after the IPO.
Committee decision
Pass. Books offer insufficient synergies with the future.
A vision must be ambitious, provided it agrees with our spreadsheet.
These meetings and decisions are fictional. The objections behind them are drawn from things we have heard firsthand. About this project ↗
More opportunities avoided