F'D Companies: Spectacular Dot-com Flameouts

F D Companies Spectacular Dot com Flameouts Not long ago the world was awash with venture capital in search of the next Yahoo or No product no experience no technology no business plan no problem You could still get million from investor

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  • Title: F'D Companies: Spectacular Dot-com Flameouts
  • Author: Philip J. Kaplan
  • ISBN: 9780743235433
  • Page: 452
  • Format: ebook
  • Not long ago, the world was awash with venture capital in search of the next Yahoo or 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 allNot long ago, the world was awash with venture capital in search of the next Yahoo or 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 And who needed a used car from iMotors 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 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.

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