Perils and Pitfalls of Practical CyberCommerce - The Lessons of First Virtual's First Year

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Author

Nathaniel S Borenstein,John Ferguson,Jerry Hall,Carlyn Lowery,Rich Mintz,Darren New,Beverly Parenti,Marshall Rose,Einar Stefferud,lee Stein,Carey Storm,Ed Vielmetti,Marc Weiser,Pierre-R Wolff

Entry type

inproceedings

Abstract

Unlike many would-be players in the field of Internet commerce, First Virtual (tm) chose to announce its payment system only after it was fully operational and to operate it initially with relatively little publicity hype, while learning from the experience of its use. In its first year of operation, it has experienced exponential growth, and the company has gained substantial experience with and insight into the nature of Internet Commerce. In this paper, the First Virtual team discusses the lessons we have learned from a year's experience with the actual operation of an Internet commerce system, and the prospects for the future.

Date

1995 – October

URL

http://portal.acm.org/citation.cfm?id=228503.228510

Key alpha

Borenstein

Note

Presented at Frontiers in Electronic Commerce

Publication Date

2001-01-01

BibTex-formatted data

To refer to this entry, you may select and copy the text below and paste it into your BibTex document. Note that the text may not contain all macros that BibTex supports.

@Inproceedings{ Borenstein,
	title = "Perils and Pitfalls of Practical CyberCommerce - The Lessons of First Virtual's First Year",
	author = "Nathaniel S Borenstein,John Ferguson,Jerry Hall,Carlyn Lowery,Rich Mintz,Darren New,Beverly Parenti,Marshall Rose,Einar Stefferud,lee Stein,Carey Storm,Ed Vielmetti,Marc Weiser,Pierre-R Wolff",
	year = "1995",
	month = "October",
	note = "Presented at Frontiers in Electronic Commerce",
	abstract = "Unlike many would-be players in the field of Internet commerce, First Virtual (tm) chose to announce its payment system only after it was fully operational and to operate it initially with relatively little publicity hype, while learning from the experience of its use. In its first year of operation, it has experienced exponential growth, and the company has gained substantial experience with and insight into the nature of Internet Commerce. In this paper, the First Virtual team discusses the lessons we have learned from a year's experience with the actual operation of an Internet commerce system, and the prospects for the future.",
	url = "http://portal.acm.org/citation.cfm?id=228503.228510",
}