Posted by
ryuzaki0
on from the what-happened-to-the-netwinder dept.
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.
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.
Get your facts straight
by
andrewm
·
· Score: 5, Informative
Rebel.com was _NOT_ a public company. It never went IPO.
The Rebel.com offices are _NOT_ gilt in gold. They are quite simple and plain.
The majority share holder (remember it was a PRIVATE company) was Mac Brown. He is gregarious and ostentatious. He was probably the only one that made any money.
Many Rebel.com employees lost a lot of money by investing in this PRIVATE company. Many borrowed and re-mortgaged their homes to invest. I personally didn't invest. I lost only my stock options which were never worth anything since they could not be traded (becaue it was _NOT_ a public company).
If you want more facts, let me know. I still work there for the receiver, KPMG.
--
Andrew E. Mileski
Former Senior Software Engineer at Rebel.com
Slashdot Mirror
James Dean in "Rebel.com without a clue"
TODO: Something witty here...
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.
Rebel.com was _NOT_ a public company. It never went IPO.
The Rebel.com offices are _NOT_ gilt in gold. They are quite simple and plain.
The majority share holder (remember it was a PRIVATE company) was Mac Brown. He is gregarious and ostentatious. He was probably the only one that made any money.
Many Rebel.com employees lost a lot of money by investing in this PRIVATE company. Many borrowed and re-mortgaged their homes to invest. I personally didn't invest. I lost only my stock options which were never worth anything since they could not be traded (becaue it was _NOT_ a public company).
If you want more facts, let me know. I still work there for the receiver, KPMG.
--
Andrew E. Mileski
Former Senior Software Engineer at Rebel.com
Somehow the terrorist attacks have drawn interest away from his story! Amazing...
___
The way to see by faith is to shut the eye of reason. --Ben Franklin
Never again.
It's all different now.