While it's hard to say when the dotcom bubble began to burst, it's now officially clear when the internet stock bubble ended, which would be today
. With the NASDAQ taking the first dip to 1996 levels, it's time to grab a Webvan
-delivered 40oz out of your orange Kozmo
-surplus bag and tip it in honor of all them Pets
posted by mathowie
on Sep 23, 2002 -
The founders of Webshots.com
sold out to Excite@home in '99 for $82.5M, they just bought it back--for $2.4M. $6.7B Excite.com goes for $10M and Blue Mountain Greetings ($780M) goes for $35M. A billion here, a billion there and pretty soon we're talking more than pocket change.
posted by m@
on Jan 8, 2002 -
Dot-Com Is Dot-Gone, and the Dream With It
A New York Times article on the dot-com-crash.
"Each day, the old idols seem to fade further into the dim past, barely recollected in a country where the languages of "revolution" and "warfare" are no longer just business metaphors. This is the next step after the bursting of the dot-com economic bubble — the bursting of the cultural bubble, the end of the nerd as a crossover hit, of the I.P.O. zillionaire as role model to college students."
I agree that our country is in the beginning of a cultural revolution; starting with the dot-com crash last year and accelerating with 911. Am I alone or does anyone agree?
posted by Oxydude
on Nov 25, 2001 -
Or, as my friend put it, Company that thinks it's still 1995 ISO engineer who also thinks it's still 1995.... (I mean, can they be serious?)
posted by mattpfeff
on Nov 5, 2001 -
This auction at eBay
has to be one of the more entertaining after effects of the dotcom meltdown. Personally, the last suggestion in the ad would be my preferred usage of the item for sale...
posted by Spanktacular
on Apr 24, 2001 -
Dot-Com Deaths = Black Plague?
Toronto Star Internet columnist K.K. Campbell takes a look at the startling simularities of the dot-com deaths and the black plague.
"The Dot-Com Death resulted primarily from a little parasite (Internet hypesters, Bombasticus bullroaricus) carried on the body of another parasite (Wall Street IPO underwriters, Securitus scammus maximus) on corporate stocks moving along business capital routes."
posted by bkdelong
on Mar 30, 2001 -
51,631 dot com layoffs
as of Feb. 01, 2001. Is it that the web allows us to simultaneously view the usual failure of 99% of new businesses, a sign of the coming recession, or just a result of bad business plans and get rich quick schemes? Or was it simply too good to last? Whatever the reason, it's depressing.
posted by crushed
on Feb 2, 2001 -
Salon is running a piece on how the internet has ruined San Francisco.
I have to say I agree 100%. I've lived in Southern California all my life and S.F. has historically been a much cooler, mellower place that I looked forward to visiting. But over the past couple of years, I've found myself travelling up there once every couple months, and every time I go it's busier, more crowded, and everyone is in a bigger hurry. For me, the mystique of S.F. is totally gone. The dotcom riches have ruined the place. [found at Camworld
posted by mathowie
on Oct 28, 1999 -