ALL THE RAVE

Kartavya

Abhi / Nagwekar

Inder / Pooja

15/05/03

VEE

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All the Rave

The rise & fall of Shawn Fanning’s Napster

(by Joseph Menn)

This book was reviewed in Financial Times (eFE).

Based on this review, in enclosed pages, I have tried to compare:

• What Napster did / did not

• What we should learn from Napster story

Obviously, there is a lot to learn.

And we must learn it well & translate into action. And, if in the process of implementation, we make mistakes (which we will), let us learn from these mistakes and correct them fast.

Being able to make a quick “Course-connection” is possible only on the internet. On the ground, if we put up a factory to manufacture tractors at an investment of Rs. 100 crores – and if tractors don’t sell, I cannot, overnight, convert that factory to manufacture microwave ovens! “Clicks” can be changed quickly – “bricks” cannot.

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cc: Mr. Nagle