Posted Nov. 19, 2012 at 7:35 a.m.

Premium Lock Most ecommerce froth since 2000 stirs investor doubt

Published: 2012-11-19 07:35:12
Updated: 2012-11-19 07:35:12

ecommerce       ecommerce

After pouring more money into retail startups in the third quarter than in any period since the dot-com bust in 2000, venture capitalists concerned over the formation of an e- commerce bubble are balking at deals they consider overpriced. The valuations in recent funding rounds and executive exits suggest investors are no longer willing to sink cash into online stores that don't have proven growth prospects....

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Many of the comments here are spot on, but lumping all e-commerce together, is herd mentality thinking in my opinion. The e-commerce space will continue to grow rapidly as it represents only 5% of commerce, but offers tremendous value and convenience to consumers when executed properly.

We are looking forward to our imminent launch of Flash Purchase where we believe we have a great value proposition for both buyers and sellers. Buyers (consumers) can create their own deals, join others, share them while building group purchasing volume leading to great prices while sellers can bid on those groups resulting in gaining large groups of consumers in a single transaction. Sellers can also create their own tiered deals where they can vary pricing dependent upon participation level and market those deals to our Flash Purchase buyers and outside of our network.
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