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"""Us old timers remember 2001-2004 when anything related to the internet was ridiculed as a ponzi scheme. The conventional wisdom was no internet company woul
by btmorex 16y ago
"""Us old timers remember 2001-2004 when anything related to the internet was ridiculed as a ponzi scheme. The conventional wisdom was no internet company would ever make money and all the ideas of the dot-com boom were stupid."""
No one was saying that in 2001-2004. People were saying, "Man, we made some stupid investments in 1999." There's a world of difference between the two.
- AlfaWolph 16y agoPlus, he misidentifies his 'eggbrain computers' example as newegg when it clearly is a reference to Egghead Software who did go for a pure virtual storefront/auction site and failed anyway.