"The Internet is a powerful way to make lots of money... But we are not going to buy Yahoo!"
- Sumner Redstone
About this Quote
Sumner Redstone's quote is a tip that the internet is a powerful tool for generating income, but it is not always needed to buy a company to do so. He is likely describing the fact that Yahoo was a big and successful business, however it was not necessary for Redstone to purchase it in order to earn money. Rather, he could have used the web to develop his own company or purchase other companies. This quote is a suggestion that the internet is a powerful tool for earning money, but it is not always required to purchase a business to do so. It is possible to utilize the internet to create one's own company or purchase other business. Redstone's quote is a reminder that the web is an effective tool for earning money, but it is not always needed to purchase a company to do so. It is possible to utilize the web to create one's own service or buy other business, and this is a more economical and effective method to make money.
This quote is written / told by Sumner Redstone somewhere between May 27, 1923 and today. He/she was a famous Businessman from USA, the quote is categorized under the topic Computers. The author also have 11 other quotes.
"Developments in information technology and globalised media mean that the most powerful military in the history of the world can lose a war, not on the battlefield of dust and blood, but on the battlefield of world opinion"
"We cannot continue to rely only on our military in order to achieve the national security objectives that we've set. We've got to have a civilian national security force that's just as powerful, just as strong, just as well-funded"
