Comments on: Comments on 1729

Post number 1729

mathowie — Thu, 18 May 2000 09:33:37 -0800

First Boo.com goes down, now DEN. The Digital Entertainment Network is closing it's doors after running out of cash. After raising over 33 million dollars, they burned it at rate of up to $3 million per month, pulled their $75 million stock offering, and with no revenue model in place, they had to close up shop, with 150 people suddenly out of work.

By: sikk

sikk — Thu, 18 May 2000 10:05:55 -0800

wow.

By: Calebos

Calebos — Thu, 18 May 2000 10:43:06 -0800

Cool. Serves them right.

By: dhartung

dhartung — Thu, 18 May 2000 14:56:41 -0800

"What? The bank account is empty? But we still have checks!"

By: alan

alan — Thu, 18 May 2000 15:11:13 -0800

Serves who right Calebos?