F’d Companies Spectacular Dot-com Flameouts
F’d Companies Spectacular Dot-com Flameouts by Philip J. Kaplan, published by Simon & Schuster on September 21, 2007, offers an insightful look into the rise and fall of over 100 dot-com companies during a tumultuous period in the tech industry. This 208-page book presents a collection of profiles that highlight the waste, greed, and miscalculations that characterized the dot-com boom and bust, showcasing the absurdities of a time when venture capital flowed freely despite the lack of viable business plans or products.
Readers will find a blend of colorful anecdotes and unique factoids that illustrate the pitfalls of the dot-com era, including the misguided ventures that failed to resonate with consumers. Kaplan’s cynical style captures the essence of a remarkable historical moment in business and technology, making this work relevant for those interested in the dynamics of the tech industry and the lessons learned from its past. The book serves as a cautionary tale, emphasizing the importance of sound business practices in the ever-evolving landscape of the new economy.
Official synopsis Publisher
Not long ago, the world was awash with venture capital in search of the next Yahoo! or Amazon.com. No product, no experience, no technology, no business plan — no problem. You could still get $40 million from investors to start up your dot-com. And you could get people to work around the clock for stock options and the promise of millions. Then, around April 2000, it all came crashing down.
Smart investors, esteemed analysts, and the business press found themselves asking:
- Who knew people wouldn’t rush out to trade in their U.S. dollars for a virtual currency called Flooz?
- Who knew people wouldn’t blow all their Flooz on a used car from the guys at iMotors.com?
- And who needed a used car from iMotors.com when they could just sit at home and have 40-lb. bags of dog food delivered to them by a sock puppet?
F’d Companies captures the waste, greed, and human stupidity of more than 100 dot-com companies. Written in Philip J. Kaplan’s popular, cynical style, these profiles are filled with colorful anecdotes, factoids, and information unavailable anywhere else. Together they form a gleeful encyclopedia of how not to run a business. They also capture a truly remarkable period of history.
F’d Companies is required reading for everyone involved in the “new economy” — assuming your severance check can cover the cost.
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