09-29-2003
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#17
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Administrator
Join Date: Oct 2002
Posts: 11,618
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Quote:
Sex.com is in similar shape, a marquee property decaying beneath an enticing facade. When Kremen took possession of the porn portal, he figured it would run itself. But by early 2001, the Internet had become saturated with free porn on peer-to-peer networks like Kazaa, and Sex.com's revenue dropped by two-thirds. Kremen compounded his problems with lousy management skills - multiple firings, obsessive litigation - and an addiction to speed. "I'd be lying," he admits, "if I said I wasn't my own worst enemy sometimes."
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From http://www.wired.com/wired/archive/11.08/sex_com.html
The quote at the end seems to sum it all up.
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