By J. David Kuo
Generally hailed because the most pleasurable company booklet of modern seasons, dot.bomb is the extraordinary tale of the net gold rush because it may well purely 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 marketplace percentage, the traders slavering to be inside of, the trust that there fairly have been new ideas. He additionally observed what occurred while wretched extra and ego-driven mistakes compelled gravity to reassert itself and whilst, finally, Wall highway demanded effects. His e-book, alive with hilarious incidents and colourful characters, is destined to turn 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
Allen’s vision was to make global information-, commerce-, and data-exchange effortless. Allen liked big ideas like Value America. It was a love fest waiting to happen. Put more crassly, Paul Allen was a kingmaker. An Allen investment gave a company instant legitimacy. Because Allen was with Microsoft before it was Microsoft, the business world recognized him as a real seer, not just a wannabe. There were few accredited visionaries, and Allen was one of them. If he blessed your company, you were anointed indeed.
For early e-tailers like Amazon, customeracquisition costs were relatively low. Imagine the Joe Blow Deli. JBD invents a terrific new sandwich: the roast beef sandwich. They begin with a bit of advertising to let people know the company exists. Slowly, the sandwich catches on because it is tasty, but also because it is novel. Word spreads. The lines get longer. JBD starts ringing up the cash. Their cost to acquire customers now is relatively low, because they are the only peddlers of roast beef sandwiches.
He went to high school in Wausau, Wisconsin, and was educated at Georgetown University. His dad had been a union guy. When his dad died, the union took care of young Driscoll — put him through college, actually. Now, though he didn’t work for ULLICO, he helped look out for the union’s money. That meant if he screwed up, he’d have the International Brotherhood of Barroom Brawlers and the International Association of Wrench Manufacturing Dwarves on his ass. That was motivation. Perhaps it also explained the relentless nervous energy and expletive-laced gusto.
Dot.Bomb: My Days and Nights at an Internet Goliath by J. David Kuo