Kartavya
Abhi / Nagwekar
Inder / Pooja
15/05/03
VEE
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.
cc: Mr. Nagle
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