Wednesday, March 23, 2016

Dot.com to Dot.bomb


*Tulip bubble
*Stock market crash bubble -> great depression

*Stages
-innocent beginning 92-95
-boom 95-97
-insanity 97-00
-bust 2001
-the crawl back to sanity
-bonus: uh-oh

 **1984 – home computer, bulletin board system
*1992 – Prodigy, Compuserv, Genie, AOL, Delphi
-tried to run the online world, but the world wide web came
Prodigy – 1.1 m Sears and IBM
CompuServ – 1m H&R Block
Genie – 200,00 General Electric
AOL – 200,000
Delphi – 150,000
-text browsers
-mosaic browsers, graphical browser
*Free Range Media, Incorporated
-DealerNet
-SPRY, Inc – Internet in a Box
-Second International World Wide Web Conference, 1994
--“anti-net” – industry specific internet
-Mosaic or Linux
-Laura Fillmore and Johnny Pneumonic

 **Boom 95-97
*1995 – Netscape – Jim Clark and Marc Andreessen
-Wired and hotwired
-MCI and Gramercy Press (virtual world) (but slow modums)
-How to publish on the internet (Fry’s book)
-Pathfinder launched (magazine)
-advertising age magazine
-Old vs. young battle in Prodigy
*1996
-Compuserv bought Spry
-Freezone to Thomson Target Media (2m)
-Super Bowl xxx (starwave)
-Yahoo! Search -> Community
-Amazon
-USweb

**Insanity 97-00
-IPO.com
-Public offerings
-venture capitalists
-AOL takes charge
--buys compuserv
-(Peter principle – promoted to your incompetence)
--Compuserv too devoted to Microsoft, Microsoft Media bugged.
-Infospace goes public (yellow pages)
-Burn Rate written
-Net guide – magazine that is a spreadsheet of new websites
-LoudEye Technologies IPO
-Marchfrist goes bust
-Pets.com goes bust
-Infospace worth more than Boeing.
-fuckedcompany.com (share layoff rumors)

 **Bust 2001
-Exodus communications declares bankruptcy. (got greedy, hosted companies collapse)
-Freezone close
*A lot of companies bust, but…
-Amazon posted a profit
-Ebay
-Yahoo
-AOL bought Time Warner
-Priceline.com rehires William Shatner and Leonard Nimoy
(-tech people salaries very high, had to layoff people)
-Microsoft did get hit

-Yahoo bought a lot of stuff, came back
-Time Warner rebought AOL

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