A Dotcom in a Basement?

garyebickford asks: "I recently learned that a company I co-founded a long time ago has degenerated to the point where the present principals have sold off most of the equipment and have moved 'operations' into their houses. Though the founding concept is almost two decades old, they still believe that they'll be able to pull something out of a hat. I'm pretty sure the two remaining true believers haven't been paid for several years, and have been working outside to support themselves. The company hasn't sold anything for years as far as I know, but they have kept it running through an amazing series of trials and tribulations including some of the most amazing legal shenanigans I've ever heard of. The stock was delisted a long time ago and is now valued at about $0.001. Of course, who knows? Maybe it will recover. It's happened before. I'm sure we all know of many others, like snakebit projects that have migrated from company to company, and 'entrepreneurs' who could raise money over and over but never quite get a company going, and of course, really cool technology that just never seemed to come out of development, or was almost done when the money ran out?So Slashdot, fess up - do you have a 'company in a box' downstairs? What kind of earth-shaking, irrelevant or worthless technology is sitting under your stairs? More interestingly, why are you, or they, still committed to the business?"

Comments

Slashdot usage tip

[Tumbleweed]

> I'm typing this a second time because the first time the 20-second rule bit me!

Okay, important safety tip...when you get hit by the 20-second rule, do NOT hit the back button. Simply wait as long as you should have, hit reload, and tell it to resend the data - no retyping those long and brilliant posts! Yay.

Please, please, no applause ... just throw money. :)

It's the 99 percent.

[cybermace5]

I have one of these ideas every week! And so I work on it, get disillusioned, and put it on the back burner (which isn't turned on). Sometimes it's actually someone else's idea, and they're the one that gets disillusioned. Just last week I had a random guy contact me about prototyping something, and we discussed specs for a few days, but apparently he got cold feet.

Oh well. A lot of us have the ability to do practically anything. The real key is being able to stick to it once you start. Thomas Edision has that famous quote, which I won't bother quoting because you all know it already.