By Julian Goldsmith, 1 November 2000 09:34
NEWS The statement is in opposition to the stance held by Database software giant Oracle which set up its own ASP, Business Online, in 1998. Stephan Shambach started Intershop, a company now worth $2bn, at the age of 19 and is currently its CEO. He rejected the idea of per transaction fees as a business model for his own company, but conceded it is viable for end users to pay for their software on a transaction basis through a third party ASP. Speaking exclusively to silicon.com, Shambach said: "We don't want to deal with the issue of billing on a per transaction basis. It would limit our growth because of the over-complexity."
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