Remember the dot bomb? - GoFuckYourself.com - Adult Webmaster Forum

X

DamageX

Marketing & Strategy

Join Date: Jun 2001

Posts: 14293
Share

Post
#1

Remember the dot bomb?

03-03-2006, 07:49 AM

Remember the huge amounts of venture capital, the huge spending accounts and the huge gaps in the market once all the dots bombed?

Wonder if today you couldn't be able to attract the same amount of venture capital. I mean, after all, look at this industry. Many are very successful media buyers, if you know what you're doing and attract the right amount, who's to say you wouldn't get really huge, in terms of revenue, in either adult or mainstream? The online business has matured a lot since those days, as have the consumers. I think the only thing keeps those investments from happening are the (still) sore asses of the ones who bombed the first time around. Other than that, lots of ripe fruit around.

Whitehat is for chumps

If you don't do it, somebody else will - true story!
Tags: None
jjjay

Registered User

Join Date: Jun 2005

Posts: 1813
Share

Post
#2

03-03-2006, 07:54 AM

apparentely, some (gullible) venture capitalists are putting money into any business plan with "Web 2.0" in the title
Comment
~Ray

visit hardlinks.org

Join Date: Jun 2003

Posts: 18361
Share

Post
#3

03-03-2006, 08:04 AM

it's not about the product. It's not about the website. It's about the marketing. Good marketers can sell anything. The only one's who "bombed" were the one's who didn't have a clue how to market. They thought their product would simply sell itself.

Adult Backlinks for Adult Websites - Testimonials Available
Comment
Trax

[----------------------]

Join Date: Aug 2001

Posts: 14486
Share

Post
#4

03-03-2006, 08:05 AM

back in the day sites werent making money
different story today
not compareable
Comment
FreeHugeMovies

Too lazy to set a custom title

Join Date: Dec 2001

Posts: 14141
Share

Post
#5

03-03-2006, 08:07 AM

Rent the movie "Startup dot com"
Comment
sumphatpimp

Confirmed User

Join Date: Aug 2002

Posts: 5235
Share

Post
#6

03-03-2006, 08:08 AM

Google.
that stock is not worth anything near what people have inflated it to.
just a matter of time.
Comment
jjjay

Registered User

Join Date: Jun 2005

Posts: 1813
Share

Post
#7

03-03-2006, 08:20 AM

Originally posted by Trax

back in the day sites werent making money
different story today
not compareable

not strictly true. with start ups you don't know if they're going to make money. and all this web 2.0 bullshit feels like another bubble to me

for example - how much money has technorati actually made?

how weird - tech no rati is a banned word

Last edited by jjjay; 03-03-2006, 08:22 AM.
Comment
pornguy

Too lazy to set a custom title

Join Date: Mar 2003

Posts: 62910
Share

Post
#8

03-03-2006, 08:22 AM

One of the problems in the day of the bubble, was that the companies were getting the money invested, and they were just paying themselves big wages, and doing very little work. Buying the best of the best computers, and traveling, but not trying to sell anything.

PornGuy skype me pornguy_epic

AmateurDough The Hottes Shemales online!
TChicks.com | Angeles Cid | Mariana Cordoba | MAILERS WELCOME!
Comment
StuartD

Sofa King Band

Join Date: Jul 2002

Posts: 29903
Share

Post
#9

03-03-2006, 08:24 AM

Originally posted by Trax

back in the day sites werent making money
different story today
not compareable

Not really... back in the day, sites were getting investors. Promises of paradise and glory. Then those sites hired a development firm to build their product, then parted ways with the development firm and hired one tons and tons of marketing/sales people and figured that would be all they needed.

And IT company with no IT people... doomed to fail.

This is me on facebook
This is me on twitter
Comment
jjjay

Registered User

Join Date: Jun 2005

Posts: 1813
Share

Post
#10

03-03-2006, 08:28 AM

Originally posted by StuartD

Not really... back in the day, sites were getting investors. Promises of paradise and glory. Then those sites hired a development firm to build their product, then parted ways with the development firm and hired one tons and tons of marketing/sales people and figured that would be all they needed.

And IT company with no IT people... doomed to fail.

I think it's more due to the fact that there was no ROI tracking in place for advertising/marketing

a superbowl ad for pets.com - what the fuck were they thinking?
Comment
StuartD

Sofa King Band

Join Date: Jul 2002

Posts: 29903
Share

Post
#11

03-03-2006, 08:30 AM

Originally posted by jjjay

I think it's more due to the fact that there was no ROI tracking in place for advertising/marketing

a superbowl ad for pets.com - what the fuck were they thinking?

oh yeah.. totally. They were smart talkers and new thinkers... they could pitch a deal to any millionaire and get a nice chunk of change to spend as they pleased.

They didn't know a thing about the internet or how it worked, but they could sure make a good sales pitch.

This is me on facebook
This is me on twitter
Comment
Rochard

Jägermeister Test Pilot

Join Date: Dec 2001

Posts: 75733
Share

Post
#12

03-03-2006, 08:34 AM

Yeah, I remember the dot com bomb. I was living in the Bay Area, right smack in the middle of the Silicon Valley. When I entered college (at a late age) you could come out of two years of school with an AA degree and get a job making $70k right out of the gate working in some IT department.

What I saw amazed me - kids fresh out of high school getting tens of millions of dollars because they had an "idea for a website"; Everyone was hoping to find the next Yahoo. I'll never forget it - there was a handful of sites that were being pushed on TV really hard, and I failed to see how they were making money.

When they discovered they weren't make money, they pulled back the funding, closed up shop, and suddenly the market was flooded with unemployed computer geeks.

This is how I ended up in Porn.

Herschel Savage
Brooklyn, NY
Comment
DamageX

Marketing & Strategy

Join Date: Jun 2001

Posts: 14293
Share

Post
#13

03-03-2006, 08:37 AM

Originally posted by jjjay

I think it's more due to the fact that there was no ROI tracking in place for advertising/marketing

ROI tracking for WHAT? Very few of the start-ups back then even had a clear business plan or any worthwhile marketing research done to back it up with. People knew NOTHING about how Internet would evolve and everyone rushed to shape it the way they wanted it to be. In doing so many, executors and investors alike, neglected one big factor: THE NEED OF THE MARKET. That happened, of course, largely due to the fact that the market wasn't clearly distinguishable. Nevertheless, a marketing study never hurt anyone and investors were many a time blinded by the "promised land" of huge profits and overlooked such "minor" details. I have a feeling that was the last time they did it though.

Whitehat is for chumps

If you don't do it, somebody else will - true story!
Comment
KRL

Entrepreneur

Join Date: Oct 2002

Posts: 31429
Share

Post
#14

03-03-2006, 08:40 AM

Got bombed on 2 stocks, 100,000 shares of one company, and 300,000 shares of another that went south.

You win some, you lose some. The stock market is a game like everything else in business. You can lose a mil as fast as you can make a mil.

If you would like to develop your domains, you can lease inexpensive foreign labor
from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION!
*** *** *** *** *** *** *** *** *** *** *** ***
Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains
Comment
DamageX

Marketing & Strategy

Join Date: Jun 2001

Posts: 14293
Share

Post
#15

03-03-2006, 08:40 AM

Originally posted by RocHard

Yeah, I remember the dot com bomb. I was living in the Bay Area, right smack in the middle of the Silicon Valley. When I entered college (at a late age) you could come out of two years of school with an AA degree and get a job making $70k right out of the gate working in some IT department.

What I saw amazed me - kids fresh out of high school getting tens of millions of dollars because they had an "idea for a website"; Everyone was hoping to find the next Yahoo. I'll never forget it - there was a handful of sites that were being pushed on TV really hard, and I failed to see how they were making money.

When they discovered they weren't make money, they pulled back the funding, closed up shop, and suddenly the market was flooded with unemployed computer geeks.

This is how I ended up in Porn.

Haha, funny you should mention that. Had a friend back then working in the Silicon Valley. At one time we had a longer conversation over a few beers and he goes: "You know how every waiter and waitress in Hollywood is an aspiring actor? In Silicon Valley they're aspiring Unix gurus!" I thought I'd shit myself laughing.

Whitehat is for chumps

If you don't do it, somebody else will - true story!
Comment

Previous template Next

Working...