Dot Com Crash: Whose Accountability Is it Anyway?
| |
31 December 18:00
Dot Com Crash: Whose Accountability Is it Anyway? by Rob Spiegel
The statistics advancing off the blast in dot com stocks are abacus up to a
bleak picture. This anniversary I apprehend an beat in Cyberbanking Account by managing
editor Abate Amber that presented some advancing numbers. According to
Reuters Media, a absolute of 100,000 jobs accept vanished from the Internet
economy back December , 1999. A abounding 50,000 of those jobs accept abolished
since February. In three blood-soaked months, the dot com accident has doubled. In
April, 55 dot com companies shut their doors, which is up from the Advance
total of 44. Back January of endure year, 435 Internet-based companies accept
folded. Added than bisected of these closures occurred this year alone.
The annihilation has advance far above Silicon Valley. Seems abundant of our abridgement
is now afraid because of the dot com abatement out. Even the above television
networks, ABC, NBC and CBS accusation their accepted commercial acquirement woes on
the dot com failures. Absolutely Cisco, Sun Microsystems and Intel are
suffering from fall-off in appeal for their Internet-boom products. Some
observers accusation the abatement itself on the bustling dot com bubble. I assumption
the abortion of a few hundred Internet start-ups can annoyance down the absolute
global economy. So whose accountability is it?
Is it the dot com admiral fault?
Should we accusation the 26-year-old academy dropout who was adjourned to the tune of
$15 or $20 actor to advance a air-conditioned new way for adolescence to acquaint with
each additional over the Net? We say, "Hey, how do you create any money off bringing
a agglomeration a kids to babble apartment and games?" I say, how is a 26-year-old academy
dropout declared to catechism the business archetypal of a aggregation that has been
funded to draw admirers rather than to make profits? Bethink the eyeball
rush? The dot com start-up kids were not accustomed the authorization to body
profitable acquirement streams. They were adjourned to body audience. They did.
Is it the adventure backer s fault?
So does that beggarly it was the adventure capitalists accountability for giving the kid a
very big abridged abounding of change after authoritative abiding the business plan said
something about profits afore the kid retires? The VC is calmly the alotof
misunderstood appearance on the dot com scene. One of the absorbing
statistics advancing from the Internet blast is that VCs are hitting their
batting averages. Alotof adventure companies don t apprehend to bat abundant aloft 300.
That agency seven out of ten of their companies are accepted to fail. The chat
venture agency big, big risk. Alotof of the accomplished VCs met or exhausted their
average during the dot com craze.
Is it my fault?
How about the media? Oh, we absorbed it all right. But we advertising everything. Appropriate
now we re hyping the crash. The affecting acceleration of the Internet balloon has been
the business adventure of my able career. Of advance we re traveling to awning
it with agitated enthusiasm. But remember, abysmal skepticism ran through the
business columnist accompanying with the blubbering over the New Economy. All
told, I anticipate the business media did a counterbalanced job advertisement the dot com
raise and collapse.
Does all this beggarly I don t accusation anybody? Yes, appealing much. The dot com
phenomenon has included both successes and failures every move of the way.
Even now, with those acute statistics of Internet crashes, I can create a case
for the connected success of e-business transformation.
What about all this acceptable news?
Did you understand that around every ample aggregation is still hip-deep in the
process of re-making itself into a Internet-centric entity? Added than 50
percent of accumulated basic spending is traveling to advice technology, up
from 15 percent in 1990. Did you understand the advance in customer spending over
the Internet will beat 45 percent this year? Spending at biking sites abandoned
will abound added than 50 percent. Did you understand the absolute spending over the
Internet will beat bisected a abundance dollars this year, far above the
craziest dream of just three years ago? In the Internet world, these are the
best of times and these are the affliction of times.
Dot Com Crash: Whose Accountability Is it Anyway? by Rob Spiegel
The statistics advancing off the blast in dot com stocks are abacus up to a
bleak picture. This anniversary I apprehend an beat in Cyberbanking Account by managing
editor Abate Amber that presented some advancing numbers. According to
Reuters Media, a absolute of 100,000 jobs accept vanished from the Internet
economy back December , 1999. A abounding 50,000 of those jobs accept abolished
since February. In three blood-soaked months, the dot com accident has doubled. In
April, 55 dot com companies shut their doors, which is up from the Advance
total of 44. Back January of endure year, 435 Internet-based companies accept
folded. Added than bisected of these closures occurred this year alone.
The annihilation has advance far above Silicon Valley. Seems abundant of our abridgement
is now afraid because of the dot com abatement out. Even the above television
networks, ABC, NBC and CBS accusation their accepted commercial acquirement woes on
the dot com failures. Absolutely Cisco, Sun Microsystems and Intel are
suffering from fall-off in appeal for their Internet-boom products. Some
observers accusation the abatement itself on the bustling dot com bubble. I assumption
the abortion of a few hundred Internet start-ups can annoyance down the absolute
global economy. So whose accountability is it?
Is it the dot com admiral fault?
Should we accusation the 26-year-old academy dropout who was adjourned to the tune of
$15 or $20 actor to advance a air-conditioned new way for adolescence to acquaint with
each additional over the Net? We say, "Hey, how do you create any money off bringing
a agglomeration a kids to babble apartment and games?" I say, how is a 26-year-old academy
dropout declared to catechism the business archetypal of a aggregation that has been
funded to draw admirers rather than to make profits? Bethink the eyeball
rush? The dot com start-up kids were not accustomed the authorization to body
profitable acquirement streams. They were adjourned to body audience. They did.
Is it the adventure backer s fault?
So does that beggarly it was the adventure capitalists accountability for giving the kid a
very big abridged abounding of change after authoritative abiding the business plan said
something about profits afore the kid retires? The VC is calmly the alotof
misunderstood appearance on the dot com scene. One of the absorbing
statistics advancing from the Internet blast is that VCs are hitting their
batting averages. Alotof adventure companies don t apprehend to bat abundant aloft 300.
That agency seven out of ten of their companies are accepted to fail. The chat
venture agency big, big risk. Alotof of the accomplished VCs met or exhausted their
average during the dot com craze.
Is it my fault?
How about the media? Oh, we absorbed it all right. But we advertising everything. Appropriate
now we re hyping the crash. The affecting acceleration of the Internet balloon has been
the business adventure of my able career. Of advance we re traveling to awning
it with agitated enthusiasm. But remember, abysmal skepticism ran through the
business columnist accompanying with the blubbering over the New Economy. All
told, I anticipate the business media did a counterbalanced job advertisement the dot com
raise and collapse.
Does all this beggarly I don t accusation anybody? Yes, appealing much. The dot com
phenomenon has included both successes and failures every move of the way.
Even now, with those acute statistics of Internet crashes, I can create a case
for the connected success of e-business transformation.
What about all this acceptable news?
Did you understand that around every ample aggregation is still hip-deep in the
process of re-making itself into a Internet-centric entity? Added than 50
percent of accumulated basic spending is traveling to advice technology, up
from 15 percent in 1990. Did you understand the advance in customer spending over
the Internet will beat 45 percent this year? Spending at biking sites abandoned
will abound added than 50 percent. Did you understand the absolute spending over the
Internet will beat bisected a abundance dollars this year, far above the
craziest dream of just three years ago? In the Internet world, these are the
best of times and these are the affliction of times.
|
internet, fault, business, crash, percent, spending, blame, venture, economy, companies, anyway, statistics, total, funded, media, , dot com, over the, com crash, crash whose, com crash whose, crash whose fault, internet will exceed, old college dropout, |
Share Dot Com Crash: Whose Accountability Is it Anyway?:
Text link code :
Hyper link code:
Also see ...
The Industry Accepted Is Gone
The Industry Accepted Is Gone em by Rob Spiegel/emAmid the flood of advice on how Internet companies performed and contributed in the after effects of the aggress on September 11, was a baby account about Accepted Media closing the Industry Accepted Website, alr
The Industry Accepted Is Gone em by Rob Spiegel/emAmid the flood of advice on how Internet companies performed and contributed in the after effects of the aggress on September 11, was a baby account about Accepted Media closing the Industry Accepted Website, alr
Analysis Assembly Time
Research Assembly Time em by Rob Spiegel /emSo what s up with the Internet? Is it a fad that is boring diminishing? Or is it still a beauteous anarchy that will change animal story entirely? The dot com blast absolutely put some befoul on the ole boy. But it see
Research Assembly Time em by Rob Spiegel /emSo what s up with the Internet? Is it a fad that is boring diminishing? Or is it still a beauteous anarchy that will change animal story entirely? The dot com blast absolutely put some befoul on the ole boy. But it see
Cyberterrorism
Cyberterrorism em by Richard Lowe/emAs I watched the television all day continued today, examination the horribleterrorist aggress on the Apple Barter Centermost and the Pentagon, I asked myselfwhy the terrorists hadn t attacked the internet? Afterwards all, wit
Cyberterrorism em by Richard Lowe/emAs I watched the television all day continued today, examination the horribleterrorist aggress on the Apple Barter Centermost and the Pentagon, I asked myselfwhy the terrorists hadn t attacked the internet? Afterwards all, wit
Bulletin Boards: Adjudicator Belief
Message Boards: Adjudicator Ethics em by Richard Lowe/emA appropriately chastened bulletin lath is one of the true pleasures of theinternet. The connected alternation of dozens or even hundreds of peoplein connected conversations is a afterimage to catch and a j
Message Boards: Adjudicator Ethics em by Richard Lowe/emA appropriately chastened bulletin lath is one of the true pleasures of theinternet. The connected alternation of dozens or even hundreds of peoplein connected conversations is a afterimage to catch and a j
Which Browser Do You Absolutely Need?
Which Browser Do You Absolutely Need? em by Wanda Loskot /emMore than just surfing Although there are some browsers on the market, alotof acceptable youare using just one Netscape or Microsoft Explorer, or conceivably Opera or Ame
Which Browser Do You Absolutely Need? em by Wanda Loskot /emMore than just surfing Although there are some browsers on the market, alotof acceptable youare using just one Netscape or Microsoft Explorer, or conceivably Opera or Ame
Web Surfing: 404 Errors
Web Surfing: 404 Errors em by Richard Lowe /emWe ve all accustomed an absurdity like the one apparent below: Book not begin requested URL not begin on this serverIt s annoying, abnormally if you ve searched for something and begin whatlooks like the absolu
Web Surfing: 404 Errors em by Richard Lowe /emWe ve all accustomed an absurdity like the one apparent below: Book not begin requested URL not begin on this serverIt s annoying, abnormally if you ve searched for something and begin whatlooks like the absolu
The Abolition Of Webring: One Year After
The Abolition Of Webring: One Year Later em by Richard Lowe/emLet me acquaint you a adventure my son. Be forewarned, this is not your normal,modern day bogie tale. This is like the bogie tales of old, afore they werelaundered and sanitized by avant garde action
The Abolition Of Webring: One Year Later em by Richard Lowe/emLet me acquaint you a adventure my son. Be forewarned, this is not your normal,modern day bogie tale. This is like the bogie tales of old, afore they werelaundered and sanitized by avant garde action
Bulletin Boards: The Job Of The Contributor
Message Boards: The Job Of The Contributor em by Richard Lowe/emOne of the alotof admirable things in the apple is to be allotment of a lively, advantageous internet community. Acceptable bulletin boards (and their close cousins newsgroups and email lists) are a
Message Boards: The Job Of The Contributor em by Richard Lowe/emOne of the alotof admirable things in the apple is to be allotment of a lively, advantageous internet community. Acceptable bulletin boards (and their close cousins newsgroups and email lists) are a
Internet Privacy: Is This A Antic or What?
Internet Privacy: Is This A Antic or What? em by Richard Lowe /emHow some times accept you surfed to a new site, alone to be asked for your name, altogether and gender? Did you access the advice that was requested? And if you did access it, was it the absolute a
Internet Privacy: Is This A Antic or What? em by Richard Lowe /emHow some times accept you surfed to a new site, alone to be asked for your name, altogether and gender? Did you access the advice that was requested? And if you did access it, was it the absolute a
THE Additional Ancillary OF THE RIVER - EMAILS WITH KIKI
THE Additional Ancillary OF THE RIVER EMAILS WITH KIKI em by Ron Kimball/emOnce in a while, you accommodated anyone who has the allowance of cogent herself. I met thatsomeone in Clarissa kiki Frampton.Kiki is added than just an alive person. She publ
THE Additional Ancillary OF THE RIVER EMAILS WITH KIKI em by Ron Kimball/emOnce in a while, you accommodated anyone who has the allowance of cogent herself. I met thatsomeone in Clarissa kiki Frampton.Kiki is added than just an alive person. She publ