Wednesday, October 11, 2006

Dotcom idea

Now I think of the most astounding thing about the dot-com boom was the obscene amount of money spent. Zealous venture capitalists fell over themselves to invest millions in start-ups; dot-coms blew millions on spectacular marketing campaigns; new college graduates became instant millionaires and rushed out to spend it; and companies with unproven business models executed massive IPOs with sky-high stock prices. We all know what eventually happened. Most of hese start-ups died dramatic deaths. these are analogical with economic stability as happending on 40s and final result is deaths.

1 Comments:

At 12:22 AM, Blogger rosa ochoa said...

Dan, can you put this in your own words?

 

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