Recent high-profile e-commerce failures include Fab.com, One Kings Lane, Shoedazzle and Gilt, all of which were financed by brand-name investment firms including Andreessen Horowitz, Greylock Partners and General Atlantic.
Going as far as to suggest that the "F" in "F-commerce" now stands for "failure," these critics are boldly asserting that F-commerce's days are numbered and that the entire concept is destined to soon be but a footnote in the pages of tech history.
Mr. Mosbacher's memoir makes it clear that a major regret was his failure as commerce secretary to persuade the administration in the autumn of 1991 that it needed to act aggressively to spur a sluggish economy and counter damaging political accusations that the Bush White House was out of touch with the concerns of ordinary Americans.
The British Chambers of Commerce expressed concern about a failure to rebalance the UK economy, despite plans by the coalition government to boost exports and reduce dependence on consumer spending.
"We've become the poster child for the failure of e-commerce on the Internet," Kajsa Leander, a co-founder, said earlier this month.
"We've become the poster child for the failure of e-commerce on the Internet," said Kajsa Leander, Boo.com's other founder.
"We've become the poster child for the failure of e-commerce on the Internet," said Kajsa Leander, Boo.com's other founder.
It seems likely that the plug will be pulled on many online ventures and many more will be scaled back, but that is not to say that e-commerce itself has been a failure.
E-commerce has an extremely high failure rate, estimated at 80% or higher.
One company's failure in e-commerce will undoubtedly wipe out several others further down the food chain.
His brother, Shahbaz, in a recent interview with the Guardian, blamed his nation's powerful military for the failure to generate greater commerce between the two nations.
