Lots of companies that "chose" the internet first and foremost died, I mean, that's what the Dot-com bubble was all about. There was also a lot, a lot of money

Lots of companies that "chose" the internet first and foremost died, I mean, that's what the Dot-com bubble was all about. There was also a lot, a lot of money spent on networking/fiber around that same time, with the "winners" not being the people that actually had put in the money, but companies like Google, Facebook and the same Netflix about a decade later.