By J. David Kuo
Commonly hailed because the most delightful enterprise ebook of contemporary seasons, dot.bomb is the superb tale of the net gold rush because it may in simple terms be informed by way of an insider.
J. David Kuo observed all of it: the sky's-the-limit optimism, the loads of thousands spent in a giddy seize for industry proportion, the traders slavering to be within, the trust that there fairly have been new principles. He additionally observed what occurred whilst wretched extra and ego-driven errors pressured gravity to reassert itself and whilst, eventually, Wall highway demanded effects. His ebook, alive with hilarious incidents and colourful characters, is destined to develop into a touchstone of the dot-com period.
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Extra resources for Dot.Bomb: My Days and Nights at an Internet Goliath
Winn glanced up with a measure of alarm at the pixie-ish woman. He hadn’t met her during his earlier IBM visits and wondered if she was a powerful executive or a worker bee. ” The other men and women in the conference room didn’t utter a word — they didn’t actually move. That was a bad sign, Winn figured. This woman couldn’t be good news for him or for Value America. After a few insecure seconds, Winn decided he didn’t give a shit. As much as he wanted to kiss IBM’s corporate ass, he wasn’t going to snivel and beg and plead — at least not unless Lou Gerstner himself wanted him to.
Big Blue was no longer the wholesale manufacturer of the famed corporate automaton known as the IBM man, but there remained a certain sameness to the place, its people, even its conference rooms. IBM executives gathered around Winn, shaking his hand, pleasantly greeting him in an official IBM way — something like Jehovah’s Witness evangelists knocking on doors on a Saturday morning . . smiling, dressed nicely, and somehow not quite there. Just as the meeting was about to begin, a short woman of indeterminable middle age with cropped blond hair parted on the side scurried into the room, picked up a copy of a newspaper lying on the table, and started scolding someone Craig Winn feared was him.
Bomb • 29 was taking shape. But as the option period expired in February 1998, ULLICO elected not to buy. ULLICO still backed Value America; they said they would invest more cash and even help bring other investors to the table. They just didn’t want to own the thing. Suddenly, those at Value America who had been banking on either an imminent purchase or an imminent IPO had neither. Even worse, Winn was left with the dilemma of how to generate tens of millions in revenue without the necessary tens of millions to spend on ads.
Dot.Bomb: My Days and Nights at an Internet Goliath by J. David Kuo