1 / 12

BY: Bryan Sutton, Devyn Lamon, Jenna Brunner

Dot Com Ventures. BY: Bryan Sutton, Devyn Lamon, Jenna Brunner . A dot com venture, or simply a dot-com, is a company that does most of its business on the Internet This type of business is commonly done through a website. What is a dot com Venture.

arav
Download Presentation

BY: Bryan Sutton, Devyn Lamon, Jenna Brunner

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Dot Com Ventures BY:Bryan Sutton, Devyn Lamon, Jenna Brunner

  2. A dot com venture, or simply a dot-com, is a company that does most of its business on the Internet This type of business is commonly done through a website What is a dot com Venture

  3. Dot Com Ventures are important to expand the business world and create new companies that everyone can access Why This is important

  4. Webvan.com was founded in the 1990s by Louis Borders Webvan.com was created to provide the service of online grocery shopping This idea raised $375 million in 18 months This company failed because it grew too fast too soon, and wasn’t able to attract enough customers It went out of business in 2001 Webvan.com

  5. Was founded by Disney It started in 1998 and was similar to Yahoo, but had restrictions against adult material The business failed due to the lack of popularity, which caused Disney to take a write off of $790K Go.com

  6. Kibu.com was founded by businessman Jim Clark This website was founded in 1999, and offered chat rooms for teenage girls The website brought in $22K, but due to lack of popularity and mismanagement, the company shut down However, the company managed to not run out of the $22million before they shut down Kibu.com

  7. Our Dot Com Venture: InstaMovie For our dot com venture, we would create a company that distributes movies to users’ through their TV. They can order online, like Netflix, but the movies are not mailed, but downloaded right to your computer This is done to decrease costly mailing rates and increase convenience ($5 per month) Our Dot-Com Venture

  8. Also referred to as LLC A Limited Liability corporation is an enterprise that has mixed composition of corporations and partnerships The owners have limited liability of the operations For taxation, LLC’s are treated as a “pass through entity” Limited liability corporations

  9. Advantages and Disadvantages

  10. Starting an LLC: In order to start a LLC, you have to file articles of organization with the Secretary of State Pay the fees Then, draft an operating agreement This document will help you with profit sharing, responsibilities, and ownership splits. Starting an LLC

  11. Chrysler Group LLC Coleman Legal Group LLC Thrasher Electric LLC Examples of LLc’s

  12. http://www.cnet.com/1990-11136_1-6278387-1.html http://www.irs.gov/businesses/small/article/0,,id=98277,00.html http://books.google.com/books?id=OJlnq02GapQC&pg=PA18&lpg=PA18&dq=dot+com+ventures+examples&source Sources

More Related