Warthen has served as CTO and cofounder for a variety of startups, including video-streaming site GlobalStreams, videogame company Eye Games, and others. As the now famous quote of a boo. Excite was one of the earliest online services on the internet, created in 1994 by a half-dozen Stanford students, including Joe Kraus, and functioning as a web portal with early search functions.
The board of directors eventually booted Winn; a short time later, in August 2000, it closed down. It was time for the blame game.
Michael Wolff was the creator of the best-selling NetGuide, one of the first books to introduce the Internet to the general public. A signed supplier agreement had to be secured with either Nike or Adidas; there had to be clear evidence pf further revenue momentum, etc.
And the backlash was severe: A dot.
In the society of risk, theory can no longer produce a fixed morale from a meta perspective. The dot-com bubble of the late 90s and early 2000s saw fortunes made and lost, sometimes with surprising speed.
Financial Analysis How should I evaluate a company with negative cash flow investing activities? Launched in December of 1995, by 1996 AltaVista was supplying all search results for Yahoo. Dot companies were depending on capital markets, not on their customer base.
With the benefit of hindsight, the merger presaged the crest of the stock market wave rather than the start of an avalanche of deals. Lewis wisely keeps his mouth about the whereabouts of his New Thing heroes and the tragic marginalization of the web browser company Netscape.
Finland is used here an example. Some therefor blamed it on the sixties, liberalism, the born-again materialists, Clinton or even the environmental movement.
So far Internet users would only pay for hardware, access and, to a certain level, for software. Over the past decades the rich had become richer and the middle class had become under an increased pressure in terms of the level of lifestyle it could no longer maintain.
This old school historical determinism seems to be attractive.