Everything2
Near Matches
Ignore Exact
Full Text
Everything2

dot-com crash

created by Qwrk

(idea) by Robotech_Master (4.8 y) (print)   ?   (I like it!) Sat Nov 10 2001 at 18:05:24

The dot-coms, such as Themestream, forgot the true goal of a business--to turn a profit--in their rush to be popular and well-known, charge the lowest prices, and give out the most chotchkes. When they could no longer ignore the laws of economics, they fell like rotten trees, undoubtedly contributing to our current state of recession. Now only a few trees are left standing in the forest--trees like eBay, which never had a problem turning a profit, and Amazon.com, which has for the moment managed to fool its investors (and the rest of the world) into thinking that one isn't necessary.

What should we learn from this? That even in a world of amazing new technology like the Internet, the old laws of economics still hold sway. Adding a "dot com" suffix to your name is no automatic guarantor of success. A hollow tree may stand for a while, but if there's nothing there to hold it up, it will fall over when the first big storm comes along.


printable version
chaos

The dot-com fallout: Was hype to blame? stock market analysts are full of crap The problem with arbitrary decisions when designing computer programs, especially when deciding abou Everything2.com (Game)
chotchke venture capital SongPro The dot in ariels
Themestream dot com hell price gouging Nortel Networks
Chaos_Theory Golden eagle Bill Parish eBay
Fully valued amazon.com Keenspot Bubble economy
dot-com dot.com Webcomic G4 Cube
Y'know, if you log in, you can write something here, or contact authors directly on the site. Create a New User if you don't already have an account.
  Epicenter
Login
Password

password reminder
register

Everything2 Help

Cool Staff Picks
Drink up!
The Star Trek Project
Tejano
Comfort women
Alex the Parrot
The Alice in Wonderland Project
Oedipus-Schmedipus, as long as he loves his mother
Teach your million tiny babies to parasail
spelling reform
A survival guide for the professionally outraged - constructing umbrage from common household items
satellites fallen from grace
lawnjart
resurrection
Jerilderie Letter
New Writeups
Aerobe
Watch out for falling meat(poetry)
C-Dawg
Beelzebub has a devil put aside for me(fiction)
Pavlovna
My Better Half(fiction)
kanoodle
Molson muscle(essay)
aneurin
You pays your money and you takes your choice(idea)
shaogo
July 20, 2008(log)
Glowing Fish
Tualatin River(place)
The Jacket
Words of Advice(idea)
John_Fox
Good Intentions Gone Wrong(person)
Heitah
Posthumous Oscar(thing)
ignis_glaciesque
University of South Florida(place)
ignis_glaciesque
Flogstaskriket(idea)
liveforever
Caesar's last breath(idea)
dagnyswaggart
she wants to believe(personal)
antigravpussy
he doesn't know, but her eyes widen too far(thing)
This affordable entertainment brought to you by The Everything Development Company