Dot Com, to Dot Bomb
The dot com to dot bomb
bust. This is the topic I will be
discussing in my amazing blog before Thanks Giving this year. But before I start might as well, happy
Thanks Giving to all that read this.
This lesson that we learned was taught by our very own Andrew Fry, and
it was taught very well, even had toy dinosaurs! To differ Andrew from all the other blogs we
have had that pertain to guest speakers, Andrew honestly kept me interested
more than any other speakers. I do not
know if that is because he is an actual teacher, or that he is just funny,
however he kept me interested throughout the lesson. We discussed how there are five stages to
creating a company stated by Andrew, and these five stages are the innocent
beginning, the boom, insanity, the bust, and the crawl back to sanity. The way he explained it was at first you are
beginning and kind of uneasy because you are fresh to the start, then it takes
off, then the insanity hits where it really is taking off and you can’t keep up
with it, then the bust where you stop making money and your company fails in
the end. Then we continued on to talk
about the first starting companies such as Compuserv, Genie, AOL, and
Delphi. Compuserv was the largest with
about one million users, and could have very well been today’s amazon except
they made some poor decisions. Which
brings me to my next point that people always said that Amazon was going to
fail and never survive after the dot bomb, however what amazed me was that they
survived and now one of the largest companies in the world. Also, all the other websites from the
beginning that I stated failed too, and that is why I believe he brought in
dinosaurs because they became extinct exactly like the dinosaurs! Very creative way to teach the lesson.
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