Remember the dot bomb? - GoFuckYourself.com

DamageX · 03-03-2006, 09:49 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.

jjjay · 03-03-2006, 09:54 AM

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

~Ray · 03-03-2006, 10:04 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.

Trax · 03-03-2006, 10:05 AM

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

FreeHugeMovies · 03-03-2006, 10:07 AM

Rent the movie "Startup dot com"

sumphatpimp · 03-03-2006, 10:08 AM

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

jjjay · 03-03-2006, 10:20 AM

Quote:

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 tech

norati actually made?

how weird - tech no rati is a banned word

pornguy · 03-03-2006, 10:22 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.

StuartD · 03-03-2006, 10:24 AM

Quote:

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.

jjjay · 03-03-2006, 10:28 AM

Quote:

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?

StuartD · 03-03-2006, 10:30 AM

Quote:

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.

Rochard · 03-03-2006, 10:34 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.

DamageX · 03-03-2006, 10:37 AM

Quote:

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.

KRL · 03-03-2006, 10:40 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.

DamageX · 03-03-2006, 10:40 AM

Quote:

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.

03-03-2006, 09:49 AM	#1
DamageX Marketing & Strategy Industry Role: Join Date: Jun 2001 Location: Former nomad Posts: 14,293	Remember the dot bomb? 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!

03-03-2006, 10:04 AM	#3
~Ray visit hardlinks.org Industry Role: Join Date: Jun 2003 Location: Las Vegas , Nv >>> [email protected] or icq 94994627 anytime Posts: 18,362	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

03-03-2006, 10:22 AM	#8
pornguy Too lazy to set a custom title Industry Role: Join Date: Mar 2003 Location: Homeless Posts: 62,911	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!

03-03-2006, 10:34 AM	#12
Rochard Jägermeister Test Pilot Industry Role: Join Date: Dec 2001 Location: NORCAL Posts: 74,023	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. __________________ “The choice is no longer between right or left. The choice is between normal and crazy.” - Sarah Huckabee Sanders YNOT MAIL \| THE BEST ADULT MAILING SOLUTION

03-03-2006, 10:40 AM	#14
KRL Entrepreneur Join Date: Oct 2002 Location: USA Posts: 31,429	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

03-03-2006, 09:54 AM	#2
jjjay Registered User Join Date: Jun 2005 Posts: 1,813	apparentely, some (gullible) venture capitalists are putting money into any business plan with "Web 2.0" in the title

03-03-2006, 10:05 AM	#4
Trax [----------------------] Join Date: Aug 2001 Posts: 14,486	back in the day sites werent making money different story today not compareable

03-03-2006, 10:07 AM	#5
FreeHugeMovies Too lazy to set a custom title Join Date: Dec 2001 Location: Charlotte, NC Posts: 14,137	Rent the movie "Startup dot com"

03-03-2006, 10:08 AM	#6
sumphatpimp Confirmed User Join Date: Aug 2002 Posts: 5,235	Google. that stock is not worth anything near what people have inflated it to. just a matter of time.