Reinhold Grether on 7 Feb 2001 08:56:10 -0000 |
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[rohrpost] "BYE BYE eToys Inc - HELLO Goldman, Sachs & Co!" |
dear customers & shareholders, "eToys underestimated the power of established brands" http://www.zdii.com/industry_list.asp?mode=news&doc_id=ZE507475&pic=Y WE ALL LOST A LOT OF CASH. BUT IT WAS HOPEFULLY WORTH IT. WE ALL LEARNED SOME IMPORTANT THINGS WHILE BURNING VENTURE CAPITAL (that's what it is here for - by definition. real VCs know that). COMPANIES COME AND GO - LIKE FALSE FRIENDS. the days of the pioneers are gone. the etoy.AGENTS are not shocking old ladies with orange jackets and bald heads on the data-highway and you pro- bably don't work with photoshop 2.1 anymore. we all face the wind of change. it's just another paradigm shift: the simple minded dot-coms go out of business. the next bubble will grow and burst. that's life. who is against bubbles? the net is still the most exciting market place. etoy enjoys being digitally connected with a growing audience: the car dealer is there, the butcher, the prostitute, the broker, the professor and you. its a good moment to make this point as many pioneers just ride the next wave and complain about e-commerce and the disappointment after "the hype". what does it mean? the end of the electronic age? no. its just another crack in the chart. the etoy.CORPORATION is about to hook up its first server on this rusty platform in the north sea that is an independent country - SEALAND - a real challenge in a world of power & politics. the SHARE- HOLDERS from five continents just had their first online etoy.GENERAL-MEETING including a secure voting & the distri- bution of etoy.DIVIDENDS. maybe not that spectacular but a huge conceptual step. participation is no longer reduced to investments and resistance: the shares now vote on the future of art. possible only on the net. that's the big difference to funny business art in the 80's: etoy.SHARES matter. etoy.SHARES affect global systems. the show must go on - on another level and more twisted than ever before. the real impact of the networked world just started. the masses make the difference, not a hand full of pioneers. make up your mind again and watch your credit card. life changes. resistance changes...everybody heard it: http://cbc.ca/cgi-bin/templates/view.cgi?/news/2001/02/05/davos_hack010205 we don't support such actions (etoy.DISCLAIMER: etoy was, is and always will be against any kind of illegal operation, violence and unmoral behaviour!). but we believe in the relevance of the electronic playground and reject the depression about the net. TCP/IP is not video is not limited in time and space. the applications live and adapt. against some statements from the "culture press" etoy does not "play TOYWAR II because it run out of ideas" but tries to sort out some heavy problems with the old dogs in the market before we all move a step further. that's why etoy informed business wire and reuters about the lawsuit against eToys Inc. (and not the common press). 259 major etoy.INVESTORS voted to authorize the etoy.LAWYERS to "take all steps necessary" to terminate the time and money wasting problems etoy faced for more than one year and "to do this before a merger or sell out of the eToys assets (THE BRAND) takes place". www.etoy.com/tmlawsuit2001/ don't complain - etoy moves forward and tries to infect the world. this is not possible if we have to care about our basic rights day by day. bills for legal defence and negotiations for more than 75'000$ have been delivered to the etoy.TANKS during the last 4 months. that's simply enough. we offered many scenarios for peaceful co-existence. but the guys from Goldman, Sachs & Co. have a different vision: maximizing financial profits - not culture value! someone will sell toys under www.etoys.com next x-mas. and this someone will work with lawyers again. ok. etoy has priority. the etoy.LAWYERS did not stress this last year because we believed in co-existence and a deal. how naive! etoy could have done this a year ago and make millions. we did not do it because the etoy.SHAREHOLDERS are fair and reasonable business people. why wasting thousand jobs if a way can be found? etoy did not stress aggression. we think we proved this. eToys as we know it is part of history. but the brand will change hands. lets sort this out. once and for all. don't ask us why! toby & his friends know it better than anybody else. we tried. they turned us down. IT'S NOW OR NEVER... as the king sang. kisses from the etoy.MANAGEMENT & god bless NASDAQ. --------------------------------- unsubscribe@etoy.com --------------------------------- problems: mailme@etoy.com --------------------------------- ---------------------------------------------------------- # rohrpost -- deutschsprachige Mailingliste fuer Medien- und Netzkultur # Info: majordomo@mikrolisten.de; msg: info rohrpost # kommerzielle Verwertung nur mit Erlaubnis der AutorInnen # Entsubskribieren: majordomo@mikrolisten.de, msg: unsubscribe rohrpost # Kontakt: owner-rohrpost@mikrolisten.de -- http://www.mikro.org/rohrpost