2015年11月25日星期三

Dot. com to Dot. bomb

When the internet commerce industry was in its infancy, many companies tried to get in on the ground floor and make $$$. The presentation in the class easily put these experiences that these companies went through into a tangible view. Watching dinosaurs lumber around, unable to get out of their own way, and being trampled by the smarter and more dexterous companies was an excellent way to demonstrate the dotcom to dot bomb experience. Seeing names of companies that no longer exist and the now adamantite encrusted companies that have risen to top enabled me to visualize the rapid change that industries go through. I compared this bubble and bust to the housing bubble, where it was buy buy buy even if the house was overpriced. Sooner or later the bubble bursts and you are left with economic destruction, and a change in the way companies do business.

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