Dot.com to Dot.bomb!

     The Dot.com era lasted for about 7 years, beginning in the early 90's. It was a crazy time with many companies wanting a piece of the pie and expecting to be successful. Govworks.com was one of those companies which looked like it might make it, then less than a year later it was dead. Some other companies that eventually died were Prodigy, which was owned by IBM and Sears, Compuserv, HR Block, Genie owned by GE, AOL and Delphi, at one time these companies were huge and without a successful product and web interest they found themselves on the wrong end of the dot.com thrust.

    I find it very fascinating that certain companies have it and certain don't. Similiar to the "it" celebrity factor, companies seem to either have what it takes or they don't. Microsoft obviously did and has managed to re-create itself when needed. Apple has "it", lots of social media companies have it, twitter, facebook, linkedin...! But, why don't others. It's a fickle world, consumer interest, creating exciting new products, easy access and affordability all play a part in this fast and evolving business model.

     I believe, like the housing market bubble that over inflated housing values, the dot.com surge over inflated company values and led to the eventual tech crash or Dot.bomb! You can not sustain a business if it's only economically feasible based on it's over valued stock. It seemed like many of these companies were doomed to crash from the beginning without a strong foundation,  product or service what did they have to offer consumers and investors!