Dot-Com boom the sequel?
Starting up again, but slower
Monday, May 9, 2005 by Frogboy | Discussion: WinCustomize News
After the dot-com collapse, the amount of seed money available to Internet-based entrepreneurs seemed to have dried up. Now, 5 years later, things are starting to pick back up. But have companies learned lessons? The article linked below at CNET reports that many investors are moving a bit more slowly with a bit more caution.
I can recall back in 1999 visiting the start-up Neoplanet. They had received something like $40 million in venture capital funding to make a skinnable browser. Their interest was in acquire Stardock (or large parts of it). While there, I just couldn't figure out how they were going to actually generate real revenue that could possibly justify the valuation they claimed so we passed on the offer. The tech bubble burst and Neoplanet was one of the casualties.
But there is still no shortage of start-ups that see huge valuations ahead of them if they can just secure that next round of venture capital funding. If the market is indeed coming back, it will be interesting to see if any lessons were learned.
Reply #3 Monday, May 9, 2005 6:12 PM
without any real contents.
As the old saying;
"If you can't dazzle them with dexterity, baffle them with bullshit."
Reply #4 Monday, May 9, 2005 6:25 PM
Ahh well..
Reply #6 Monday, May 9, 2005 8:47 PM
Reply #7 Monday, May 9, 2005 11:56 PM
Reply #8 Tuesday, May 10, 2005 2:29 AM
Quite interesting how the stocks of sky castle companies used to soar until the plummet started. I can remember thinking "Where do they get their funding from? They're not selling anything, nor will they for the first six months and already they have a big office building and dozens on staff".
Reply #9 Tuesday, May 10, 2005 1:00 PM
Please login to comment and/or vote for this skin.
Welcome Guest! Please take the time to register with us.
There are many great features available to you once you register, including:
- Richer content, access to many features that are disabled for guests like commenting on the forums and downloading skins.
- Access to a great community, with a massive database of many, many areas of interest.
- Access to contests & subscription offers like exclusive emails.
- It's simple, and FREE!
Reply #1 Monday, May 9, 2005 12:30 PM