Sunday, June 17, 2007
Top 10 dot-com flops
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 the celebrity victims of the new-economy bust.
See full List.