PRECURSORS: Auctions and Trading Exchanges

• Actions
  • E.g.: Onsale
  • Began in 1995
  • US$80M in 1997
  • Not commodity-based
• Commodity Auctions
  • E.g.: FairMarket
  • Commodity-based
  • Teaming with CMPnet
• Trading Exchanges
  • E.g.: FastParts
  • Electronic component trading
  • Began in 1996
  • Does not take possession
  • Provides 3rd party guarantees
  • Handles transport

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cjp

Last modified: Sat May 16 18:55:07 PDT 1998