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In the tradition of Liar's Poker and Barbarians at the Gate, dot.bomb is a gripping insider's account of e-business gone berserk -- the unforgettable story of the rise and crash of a major Internet startup.
The inside story of the internet boom and bust, of the business deals which made headlines, and the colourful cast of characters behind them....
For a period of nine months - up until the spring of 2000 - Britain dot.com fever. The two young founders of lastminute.com saw their eighteen-month-old company, which has still not made a penny in profits, launch on the stock market at a valuation of 750 million pounds. Clickmango.com raised a million pounds in half an hour to sell health products and cosmetics online. Rumours abounded of youthful entrepreneurs closing dot.com start-up deals in lifts. Old-style industrial giants with huge turnovers and workforces were edged out of the FTSE 100 by internet newcomers employing handfuls of people and often losing a fortune. And then, just as swiftly, the bubble burst. As New York's NASDAQ index began to head downwards, London's hi-tech stocks soon followed. Boo.com, the flashiest internet site of all, went through 100 million pounds in a matter of months in its mission to sell designer sports gear over the Net. Soon, business analysts were talking about 'bum-rates', and even the most glamorous start-ups were learning they couldn't defy the oldest laws of business. But why had the sober world of investment finance, not to mention private investors in their thousands, fallen so compreh
For a heady nine months, until the spring of 2000, Britain had dot.com fever. Lastminute.com's youthful founders saw their fledgling company soar to a valuation of £750 million, and Martha Lane Fox became a media star. Clickmango.com raised £3 million in just days to sell helth products online. Old-style industrial giantswere edged out of the FTSE 100 by e-commerce newcomers employing handfuls of people and losing a fortune... And then, just as swiftly, the bubble burst. London's hi-tech stocks followed New York's Nasdaq downwards. Boo.com, the flashiest website of all, went through £100 million in mere months in its mission to see designer sports gear. Financial analysts talked about 'burn-rate', and even the most glamorous start-ups couldn't defy the oldest law of business. Why did it all go so horribly wrong? Now, Rory Cellan-Jones tells the full story of this brief, fabulous, often farcical epoch, from our own now-forgotten Net pioneers to the exclusive few who really did make untold riches - like the man who thought up Freeserve - and follows the destinies of the dot.coms all the way from the glitzy launch to the deserted offices after all the cash had been burned through. Dot.Bomb is the compulsive tale of a never-to-be-repeated time when it seemed anyone could become an instant millionaire - at the click of a mouse.
A close look at the dotcom failures and what went wrong from staff members, venture capitalists and industry analysts.
The collapse of the dot-com bubble has had profound impact not only on investors who lost trillions but also on the thousands of workers who lost their jobs as their companies disappeared. It was one of the factors that triggered the recession of 2001 from which we have yet to fully recover.This book is about understanding the dot-com bubble as well as the subsequent recovery of Internet-related businesses that appears to have started in 2003. Section 1, the Prologue, provides an overview of what happened and why it happened. Section 2, Perspectives, is a chronological compilation of columns written by Tapan Munroe for the Contra Costa Times (a Knight Ridder newspaper) between June 1999 and March 2004 tracing the anatomy of the rise and fall of Internet-related businesses. Section 3, Epilogue, has two chapters, Lessons Learned and Resurgence. The former summarizes the lessons learned from the eighteen articles in section two. The latter deals with the revival of the dot-com industry as web-savvy businesses show the way to greater productivity and sustainable profitability.
Does the identification number 60 indicate a toxic substance or a flammable solid, in the molten state at an elevated temperature? Does the identification number 1035 indicate ethane or butane? What is the difference between natural gas transmission pipelines and natural gas distribution pipelines? If you came upon an overturned truck on the highway that was leaking, would you be able to identify if it was hazardous and know what steps to take? Questions like these and more are answered in the Emergency Response Guidebook. Learn how to identify symbols for and vehicles carrying toxic, flammable, explosive, radioactive, or otherwise harmful substances and how to respond once an incident involving those substances has been identified. Always be prepared in situations that are unfamiliar and dangerous and know how to rectify them. Keeping this guide around at all times will ensure that, if you were to come upon a transportation situation involving hazardous substances or dangerous goods, you will be able to help keep others and yourself out of danger. With color-coded pages for quick and easy reference, this is the official manual used by first responders in the United States and Canada for transportation incidents involving dangerous goods or hazardous materials.
Not long ago, the world was awash with venture capital in search of the next Yahoo! or Amazon.com. No product, no experience, no technology, no business plan -- no problem. You could still get $40 million from investors to start up your dot-com. And you could get people to work around the clock for stock options and the promise of millions. Then, around April 2000, it all came crashing down. Smart investors, esteemed analysts, and the business press found themselves asking: Who knew people wouldn't rush out to trade in their U.S. dollars for a virtual currency called Flooz? Who knew people wouldn't blow all their Flooz on a used car from the guys at iMotors.com? And who needed a used car from iMotors.com when they could just sit at home and have 40-lb. bags of dog food delivered to them by a sock puppet? F'd Companies captures the waste, greed, and human stupidity of more than 100 dot-com companies. Written in Philip J. Kaplan's popular, cynical style, these profiles are filled with colorful anecdotes, factoids, and information unavailable anywhere else. Together they form a gleeful encyclopedia of how not to run a business. They also capture a truly remarkable period of history. F'd Companies is required reading for everyone involved in the "new economy" -- assuming your severance check can cover the cost.
The autobiography of a woman growing up in Liverpool in the Thirties and Forties Volume One: 1934-1946 A tender and honest portrayal of the life of a working-class girl in Liverpool in the thirties and forties. Her journey to womanhood takes us through the second world-war and shows what it was like to live with rations, blackouts and air-raid shelters. What emerges isn't a catalogue of drudgery and misery, but rather a testament to the human spirit and to life itself. Dorothy is a survivor in more ways than one - not least of all from her domineering mother and weak father.