Dot.com to Dot.bomb

The Dot.com companies that began in the 1990s has a very good beginning because it
was the introduction of technology and the internet which were new and unexploited. They made
good profits because they had many users and members and this gave rise to many companies
joining the industry. As the industry grew, new technologies developed and new companies
continued joining the field and they had to keep up with the pace of technological advancement.
They enjoyed it until the year 2000 when a crash occurred and most companies left the industry
probably because they had no business plan and just started the online business because it was
marketable. This means that they had no future plans that could guide the growth and innovation
of the company. They did not know how to remain competitive in the years to come and how to
increase their market share.
Most of the companies were rendered bankrupt because the huge sources of funds there
were getting from the investors had seized and most of them had no backup plans. This shows
that companies were mismanaging funds since most of them had unexperienced employees or
management because the field was new and little experience had been acquired. Some of them
were students who had not worked or managed a business before and therefore had no
experience at all. Some companies rose after the crisis but the competition now is very high and
technology is growing fast. More changes are expected in the future and companies in the
industry should be proactive.

Comments

Post a Comment

Popular posts from this blog

What do you want to get out of the class?

          I chose this class because this is a 3 credit requirement for my graduation degree, and when I browse classes that might fit my schedule, I found this one to be interesting. Out of this class, I would like to learn about artificial intelligence and how media as technology could change our life. I have been attracted by AI movies because I think robot has been very technology advanced. You can see robots serving as a waiter, cleanser, even a chess player. I am wondering if it is possible AI would have its emotions in the future, because that would really scare me. What if they know they are created by humans? I am very excited to have this class to learn about the how media and technology can bring to our life and how it influences the way we think. For example, we have to watch news on TV or newspaper to know what happen in the world. However, you just open your phone and you can know what really happen in the world right now. Think about people living in the world 100 years
Read more

The review of the film "startup.com"

           The documentary narrates the story of a couple of young businesspeople raising capital to startup a company that closes the bridges between the government and the people. The documentary open up with a young stud Khalil quitting his job to join his friends and start up the company. The company name is Govwork, where they hope to bridge the gap between people and the government by helping the government speed up some of their work . The documentary highlights the struggles and the challenges that entrepreneurs go through all the time while trying to start a business. Looking at the struggles that they are facing to start the company, entrepreneurs can mitigate ways in which they can avoid and add up to lead a successful company through this documentary video. The excellent video works highlight real event scenes of how to start a company from scratch and the motivation to never give up on your dreams.             While watching the video, I got a feeling of how it is tryin
Read more

Epic Video

     This video comprises a comprehensive documentary describing the emergence and evolution of the internet over the past two decades. It also discussed the invention of various search engines such as google, the journalism organizations like the New York Times, some social media platforms and the Amazon online store. The video also analyzes briefly the origin and progression of some rivalries between the webs companies for example the one between google and Microsoft, as well as the New York Times.         I think the content provided in the video is implausible with a very brief but informative explanation of the topic. The calm and clear commentary of the video is also incredible and understandable to any viewer who understands the least of English. The commentator also sorts his events according to the years in which they happened perfectly, starting with the earliest events to the latest events. The tenses used by the commentator is also excellent as it makes the viewer to live
Read more