article thumbnail

4 key traits retailers need to adopt to thrive in 2018

The Next Web

On August 11, 1994, the first ever ecommerce transaction occurred when a 21-year-old in New Hampshire named Dan Kohn sold a copy of Sting’s Ten Summoner’s Tales to a friend in Philadelphia who paid $12.48 Though Kohn and Sting got the party started, the age of ecommerce didn’t truly begin in earnest until 1997. by credit card.

article thumbnail

How Top Venture Capitalists Create (and Sometimes Destroy) Portfolio Company Value

David Teten

Joseph’s University in Philadelphia. In 1997, Mr. Yavonditte joined Juno Online Services, Inc. Fralic was also one of the early employees and VP of Business Development at Half.com starting in 1999, and after the eBay acquisition, spent six years with eBay in a variety of entertainment, business development, and media roles.

Portfolio 122