Amazon Kept Laughing After Dot-Com Bust

E-tailer stays nimble as Yahoo, eBay trip into the future
By Wesley Oliver,  Newser Staff
Posted Jun 20, 2008 4:45 PM CDT
Yahoo's biggest mistake, says one web consultant, was not staying current with the direction of the web. It was "so bent on being the future," he says, that it "missed the new."   (AP Photo/Paul Sakuma, file)
camera-icon View 4 more images

(Newser) – Yahoo, eBay, and Amazon emerged from the dot-com bust as a mighty triumvirate, but only Amazon has kept its mojo in the decade's latter stages, the Economist reports. Yahoo, the oldest of the lot at 14, shooed away Microsoft, surrendered part of its business to Google, and failed to stay current. It survives, “but on the web’s equivalent of life support."

EBay enjoyed a cult following, but has since alienated users and suffered declines—and the e-auctioneer seems unlikely to steer toward a brighter future. Amazon, meantime, hasn’t lost its luster—or its founder. Jeff Bezos has stuck to his original vision, adding key revisions with pioneering bravado. “Bezos is right where he wants to be,” the Economist concludes.