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Rebel.com Autopsy

halo8 writes: "There is a story on the Ottawa Citizen about Rebel.Com - how they were private, went public during the tech boom, made millons, spent millons (buying james dean logo and rebel.com address). See part I and part II.

3 of 34 comments (clear)

  1. it's funny... by turbine216 · · Score: 2, Interesting
    ...to look back at the mistakes of the "not-so-long-ago"...

    The .COM "boom" and the associated bust was a gold rush, plain and simple. We're all aware of that now...some of us were even affected by it very heavily. Rebel.com and its proprietors are only one of probably thousands of similar ventures that failed miserably because they thought they had the market cornered. EVERYBODY thought they had the market cornered (especially PETS.COM), and most of them went broke.


    Moral of this story (and every other identical story that we've read for the past 6 months)...if it seems too good to be true, it is. Now let's move on, please.

    1. Re:it's funny... by doctor_oktagon · · Score: 3, Interesting

      The .COM "boom" and the associated bust was a gold rush, plain and simple

      Well in the UK we're just about to finish the process of removing well nigh all Telco and Tech stocks from our FTSE100 Stock Exchange measurement.

      This will stop the market going up and down like a Yo-Yo, and inspire small investors to keep some faith in their investments.

      I'd like to take every Boo! backer, and stupid Venture Capatalist that started this mess and show them the misery caused by a recession. We're suffering badly in the UK and we're no worse off than anyone else.

  2. terror by kilgore_47 · · Score: 3, Interesting

    Somehow the terrorist attacks have drawn interest away from his story! Amazing...

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    The way to see by faith is to shut the eye of reason. --Ben Franklin