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fescuerescue

(4,448 posts)
23. over excitement brought us the .com bust
Sat Feb 9, 2019, 04:59 PM
Feb 2019

I was at ground zero during all that. I have the scars, plus a ch.7 to prove it

The hype and expectations over what the Internet will bring us was at full boil and steam rolling into 2001. When the world realized that everything that was to come wasn't coming immediately, things began to cool and it looking like GWB was going to win the election (and he did), things did cool and everyone panicked. Then 9/11 happened.

Funny thing is, pretty much everything that was promised from the Internet did come to pass. It just took about 15 years longer than people wanted it to.

On balance, the (BOOM - the bust), along with the Moon Landing in 1969 is probably two best things that the US brought to the world in the last 100 years. Was the Internet boom worth the Internet bust? Absolfuckinglootely.

Without the Internet, you and I wouldn't be having this conversation.

I dropped Netflix because of their price hikes... Dennis Donovan Feb 2019 #1
Me too. ooky Feb 2019 #9
Yeah.. I did too... I watch Prime just because I pay for the free shipping. PeeJ52 Feb 2019 #11
I'm a cord cutter with 8 messy mips... Dennis Donovan Feb 2019 #12
Wow... Impressive... PeeJ52 Feb 2019 #15
Spread this far and wide dalton99a Feb 2019 #2
And their CEO gets a nice big fat 8 figure paycheck. Initech Feb 2019 #3
How Do You Get A Rebate If You Haven't Paid Anything? Me. Feb 2019 #4
Tax Credits PeeJ52 Feb 2019 #5
carry-forward losses fescuerescue Feb 2019 #7
Netlflix lost money for years. fescuerescue Feb 2019 #6
I have a tiny business safeinOhio Feb 2019 #8
Depends on the tax structure fescuerescue Feb 2019 #13
Is that what brought us the safeinOhio Feb 2019 #22
over excitement brought us the .com bust fescuerescue Feb 2019 #23
but who lost the money? PeeJ52 Feb 2019 #14
What tax cut are they utilizing then? fescuerescue Feb 2019 #16
Another poster pointed out that there are Igel Feb 2019 #24
Thank Ross Perot for the carry-back/carry-forward losses csziggy Feb 2019 #21
But Bird Box! superpatriotman Feb 2019 #10
Yea. I miss all the Blockbuster late fees fescuerescue Feb 2019 #17
Breitbart comments--OMG joc46224 Feb 2019 #18
LOL... I couldn't bring myself to stay on long enough to read the comments... PeeJ52 Feb 2019 #20
And the beat goes on. Power 2 the People Feb 2019 #19
Will never click breibart. Duppers Feb 2019 #25
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