Saturday, December 6, 2014

Dot.Com to Dot.Bomb


I believe the title says it all. It must've been so exciting for new companies back then to envision their place on the world wide web. A place they thought would bring their creative idea out quicker into the world. A place that would soon bring them lots of profit. Similar to the extinction of the dinosaurs, the extinction of all those who heavily participated in the dot-com bubble quickly too became knocked out by a force that no one saw coming. Unfortunately, that's all what business is. The dot-com bubble sort of reminds me of Facebook's IPO failure. What we can learn from all of this is that although a value of a company seems exceptional, with a blink of an eye, things change and you may end up with nothing.

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