The dust of the great Internet gold rush is settling. Capital spending in Internet infrastructure peaked in 2000, following a period when speed of execution was considered one of the most
essential skills in Internet business operations. The expression “in Internet time” made it to mainstream English, testifying to the spirit of the times. As the entire Internet industry adjusts its business practices to become profitable, the focus is on reducing operational costs and leveraging the huge investments made in developing expertise.
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