(New York Times) — Executives trying to turn around struggling Internet companies inevitably voice confidence that a revival is just around the corner. But if history is any guide, their odds of success are actually quite slim. Over the years, only a small number of Internet companies have ever restored their lost luster. That is something to keep in mind with the current crop of patients including AOL, Yahoo, eBay and MySpace, which is owned by News Corporation. As they try to regain health by streamlining and refocusing, among other corporate euphemisms, their younger challengers are all sprinting ahead.
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