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The Greatest Defunct Websites and Dotcom Disasters

NotableCathy writes "CNet has an interesting retrospective write-up documenting the most notable dotcom disasters and now-defunct Websites that were massive in their day, detailing what happened to them and what they led to. Nupedia didn't escape a slating (remember Larry Sanger's memoir?), or indeed Beenz, whose founder and CEO once said 'would become the universal currency, supplanting all others,' according to The Register seven years ago."

61 of 192 comments (clear)

  1. Thank God by name*censored* · · Score: 5, Funny

    Thank God we live in the enlightened days of Web 2.0, in a bubble that will never burst!

    --
    Commodore64_love: I don't comprehend people who're so frightened of death that they'll bankrupt themselves to stay alive
    1. Re:Thank God by Tetsujin · · Score: 3, Funny

      Yes, there will be no more dot-com distasters for us!

      --
      Bow-ties are cool.
    2. Re:Thank God by E+IS+mC(Square) · · Score: 3, Interesting

      Well, one of the guys who made millions in the dot com boom is now making sure there are no more 9/11 disasters by writing books on terrorism: Craig Winn of ValueAmerica.

      Read dot.bomb by David Kuo - a very interesting insider look into what all went wrong in a typical dot.com company.

    3. Re:Thank God by thatskinnyguy · · Score: 3, Funny

      Yes. But the only thing that really changed is that the web is now funded with venture capital AND ads.

      --
      The game.
    4. Re:Thank God by Daniel+Dvorkin · · Score: 4, Insightful

      There will still be booms and busts, of course, but I do think people are a little wiser these days about how to make money on the web. (And no, I'm not talking about porn; anyone who, um, pokes around a little can find enough free porn to satisfy any appetite.) No amount of collective knowledge can save the truly stupid from themselves, but most folks do seem to realize that "... on the INTERNET!" is not in and of itself a recipe for making tons of cash. The truly successful dot-coms such as Google and Amazon and Ebay provide an example for internet business models that actually do make money, and smart would-be web entrepeneurs will study these few successes and (as well as the many, many failures) carefully.

      --
      The correlation between ignorance of statistics and using "correlation is not causation" as an argument is close to 1.
    5. Re:Thank God by jellomizer · · Score: 2, Insightful

      Well there is a difference between "Web 1.0" and "Web 2.0" Web 2.0 wasn't ment to be the ultimate answer, just a tool to make it better. Back durint the .COM there was this strive to break all boundries change the world be the next multi-billionare. Now it is toned down. Making a web-site even a good one wont make you a billionare, you chances are just the same as any other company. (most companies are small under 100 employees) in which 90% of them fail in the first year. Yes we got some Web 2.0 big winners... YouTube/Google, MySpace... However most of them out there are just normal guys making an average living. And that is what is now expected.
      The Web is in a state where the Telephone was in the 1960's where people are comfortable using it for their day to day activites, and is difficult to remember a world without it.

      --
      If something is so important that you feel the need to post it on the internet... It probably isn't that important.
    6. Re:Thank God by R2.0 · · Score: 5, Insightful

      "but most folks do seem to realize that "... on the INTERNET!" is not in and of itself a recipe for making tons of cash. "

      But it IS the recipe for getting a bogus patent, which in turn leads to tons of cash - for lawyers, anyway.

      --
      "As God is my witness, I thought turkeys could fly." A. Carlson
    7. Re:Thank God by geekoid · · Score: 4, Insightful

      Web 2.0 isn't a tool to make it better. It's just the obvious direction it was going. Anyone who was actually surprised by it, or thinks it's a 'new thing' is the tool.

      --
      The Kruger Dunning explains most post on /. http://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect
    8. Re:Thank God by Z34107 · · Score: 4, Interesting

      Now, being a CEO is (really) different from managerial work, but I have an anecdote.

      My dad works for Proctor & Gamble. They hire almost exclusively engineers for every position. They figure it's easier to teach an engineer sales/managing/whatever than it is to teach a business type how to engineer. Heck, they pay for some people to get their MBAs - if you could handle an engineering degree, you sure as heck can handle business.

      Maybe not many geeks have business acumen - but it seems to be easier to pick up than geekery.

      --
      DATABASE WOW WOW
    9. Re:Thank God by somersault · · Score: 3, Funny

      Hopefully it will soon go the way of the sock puppet. I sell sock puppets online, you insensitive clod! :(
      --
      which is totally what she said
  2. Please .... by Anonymous Coward · · Score: 2, Insightful

    Won't someone post a link that doesn't have 11 pages?

    1. Re:Please .... by conureman · · Score: 5, Funny

      One look & I decided to NRTFA and save time by reading /.comments.

      --
      The cost of that cleanup, of course, will be borne by taxpayers, not industry.
    2. Re:Please .... by DrMaurer · · Score: 4, Informative

      Firefox Repagination Add-On works pretty well.

      https://addons.mozilla.org/en-US/firefox/addon/2099

      --
      Dan
  3. beopen by gmack · · Score: 4, Funny

    Beopen.com .. Hired a full staff of reporters with the dream of competing with slashdot.

    When it ran out of money a guy I know came back with T-Shirts. Not the cheap ones you get at trade shows but solid fruit of the loom stuff that lasted me 7 years of constant use (I throw shirts out when they get their first hole) as it turns out that was longer than the company lasted in the first place.

    1. Re:beopen by peragrin · · Score: 3, Informative

      That's just it the dotcom didn't plan 5 years out. heck they didn't plan 2 years out. Some of them took a billion dollars in venture captial spent it all inside of 6 months, grossed maybe $300 million in revenue, and suddenly realized they owed more money than the would make back in 5 years. They tried to start walmart or Home depot sized business overnight and then couldn't figure out why they failed.

      you want to start a business and even have some start up money to get going that's great. but you had better carefully plan out the next two years of bills that you know about. as if you start coming up short your screwed.

      --
      i thought once I was found, but it was only a dream.
    2. Re:beopen by Anonymous Coward · · Score: 5, Insightful

      Wow, impressive way to misinterpret him, mock the strawman, and then give your own inaccurate assessment.

      GP was in part referring to the fact that businesses often expect revenues and profits to come much more quickly than they actually do and have not planned ahead for the initial stages of a start-up. For traditional small businesses, lack of sufficient capital is the main cause of failure for new businesses. I suspect that remains the case with web businesses, even if it sometimes could be more accurately described as over-valuing the worth of your product.

      The factors you mention are factors in the failure of a business, and it was a nice touch that you mock someone for talking about planning 5 years ahead and then list poor planning as your first idea of why most businesses fail. Five years may seem like a lifetime to you and the world of tech, but a solid business plan will almost always hold up over that long of a period without a huge amount change. (If you need to make huge changes to your business plan every year, you're probably in your death throes - even for tech companies.) Moreover, a business shouldn't expect profits for at least the first two years of its existence. Five years is a pretty short deadline to expect to get out of start-up mode.

      Of course, you can opt to say "It's the web" and then accelerate all of your deadlines by a factor of four. That worked well last time, and I'm sure it'll work well with Web 2.0.

  4. One Good Thing by FurtiveGlancer · · Score: 3, Funny

    The chairs were sweet!

    --
    Invenio via vel creo
    1. Re:One Good Thing by Fear+the+Clam · · Score: 3, Funny

      The chairs were sweet!

      No they weren't. Ever try to muffle a fart in an Aeron chair?

  5. Pets.com by oahazmatt · · Score: 4, Interesting

    I remember the Pets.com sock-puppet.

    Then I remember a commercial for "Bar None" credit, where an astoundingly similar sock-puppet declares "because everyone deserves a second chance".

    I have no idea if that was intentional or not, but it still makes me laugh to this day.

    --
    Those who believe the Internet is private,
    find their privates are on the Internet.
    1. Re:Pets.com by Daver297 · · Score: 5, Informative

      that is the same sock puppet

      --
      -Daver
    2. Re:Pets.com by oahazmatt · · Score: 4, Funny

      Yeah, I just found the info on wikipedia. Slashdot would not let me reply to my own post for whatever reason. Apparently, I do not deserve a second chance. :)

      --
      Those who believe the Internet is private,
      find their privates are on the Internet.
    3. Re:Pets.com by IorDMUX · · Score: 4, Interesting

      There was a similar (Amazon?) super-bowl commercial that showed the company's mascot riding on a donkey through a silicon-valley-esque ghost town of boarded up offices, broken glass, and whitewashed signs where only the ".com" was visible. On his way out of town, the mascot came across the limp Pets.com sock puppet (with X's for eyes) blowing in the wind. The commercial ended with a suggestion to trust the stable, surviving business [or something along those lines].

      ...so yeah. Obviously my memory is a bit faulty; this is one of my all-time favorite commercials, even if I can't remember the sponsoring company. Does anyone remember this commercial? Can someone fill in the blanks, here?

      --
      >> Standing on head makes smile of frown, but rest of face also upside down.
    4. Re:Pets.com by IorDMUX · · Score: 4, Informative

      Never mind, I found it!

      It was the 2001 eTrade SuperBowl commercial.

      ...hmm. Maybe I didn't remember it so well, after all.

      --
      >> Standing on head makes smile of frown, but rest of face also upside down.
    5. Re:Pets.com by myth_of_sisyphus · · Score: 3, Interesting

      I worked at Pets.com.

      We had a huge number of orders from Alaska. I wondered why this was and checked out the orders. They were all mostly for 50 lb bags of dog food. And we offered free shipping. To Alaska. For 50 lb bags. I mentioned to someone that the shipping costs as much as the dog food. They stopped doing that.

      And then I worked in customer support for a few weeks--that was lovely. People called all the time asking us complicated dietary questions. And pet health questions. Ones that would stump a vet. It baffled me every time. Why would you put your beloved pets health into a guy on the phone from a web page selling dog toys?

      And one woman called from New York. She ordered a 50 lb bag of dog food and she said it was sitting outside in the hallway and what were going to do about that? I asked if she could get a neighbor to pick it up and bring it inside. She said "This is New York, nobody knows their neighbors." Then I said "I can get UPS to pick it up and return it to us." And she said "that would be fine. How long would it take?" I said "4 to 6 weeks." And she screamed at me. Prolonged screaming. I gave her to somebody else.

      A kid from an elementary school asked me how to tell if a rabbit was a boy or a girl. I found a good web page on "sexing rabbits." (Which is what the procedure is called.) I sent the link to the kid and I got called into an office and asked "why am I sending 'sex with rabbits' webpages to kids? I just received an angry call from a parent." I showed her the webpage--it was not 'having sex with rabbits' but 'how to sex rabbits' and showed a bunch of rabbit private part's pictures. I was off the hook.

  6. I miss Dejanews by tmark · · Score: 5, Interesting

    I know that Google took it over and still makes Usenet content searchable, but a part of me pines for the simple days when it was Usenet that contained the useful technical information we needed, and when Dejanews was the best way to get to it.

    1. Re:I miss Dejanews by dwye · · Score: 3, Insightful

      > part of me pines for the simple days when it
      > was Usenet that contained the useful technical
      > information we needed, and when Dejanews was
      > the best way to get to it.

      Noob. Getting a feed from someone was the best way, and second best was getting a login on a small machine that had the feed. Dejanews was the Harbinger of Death for Usenet.

    2. Re:I miss Dejanews by Undead+NDR · · Score: 2, Funny

      I pine for the days when Usenet contained useful technical information

      I slrn for those days.

    3. Re:I miss Dejanews by halcyon1234 · · Score: 4, Funny

      I pine for the days when I used a mail reader called pine...

    4. Re:I miss Dejanews by geminidomino · · Score: 2, Insightful

      Pfft. Insightful my ass.

      AOL was the both the Harbinger AND Vector of Death for Usenet, long before Dejanews even appeared.

      Wiki "Eternal september"

      (And yes, I know that AOL cut off Usenet access, but google is now filling those shoes, so September drags on...)

  7. Coincidentally... by Otter · · Score: 3, Interesting
    GMail just served me up an ad for the book by a founder of theglobe.com. For the youngsters, previous dot-com IPO hysteria had centered on companies like Netscape, which had products, if not necessarily a reasonable business plan. theglobe.com, a useless website that no one could explain exactly what it did, was worth $600 million at the end of its first day, breaking the first-day runup record previously held by the Broadcast.com IPO that left Mark Cuban as a permanent pain in the ass of our society. Henceforth, any idiot with a domain name and a copy of PageMill thought he should be a billionaire.

    Anyway, the founder wrote a book.

  8. AllTheWeb.com by mlwmohawk · · Score: 4, Informative

    bit for bit the best and most relevant search of the time. We went head to head with Google and we *HAD* better results with fewer duplicates.

    FAST could have been Google, it was better, but the upper management decided there was no real money to be made in web search.

    Alas, no matter how smart the engineers, or how good the technology, stupid management can screw up a free lunch. Unfortunately, win or lose, they *ALWAYS* get the pay off.

    1. Re:AllTheWeb.com by quarrel · · Score: 2, Insightful

      alltheweb was good, agreed.

      However, the while google's search results were/are good, the key thing they twigged to earlier than most was how HUGE web advertising was, and how to monetise it. That could have happened in Norway with alltheweb, but it didn't.

      When google filed IPO documents people finally understood how HUGE web advertising was.

      --Q

    2. Re:AllTheWeb.com by 14erCleaner · · Score: 5, Insightful

      For me, the greatest appeal of google was the lack of ad images (and it still is). Most of the web world still hasn't quite learned this lesson: don't annoy people.

      --
      Have you read my blog lately?
    3. Re:AllTheWeb.com by Hankapobe · · Score: 2, Informative
      FAST could have been Google, it was better, but the upper management decided there was no real money to be made in web search.

      Maybe it was and maybe it wasn't, but tell that to the investors. The free market said that Google's original business model wasn't good enough - the tech wasn't good enough apparently.

      Unless you have the money and you don't care about any sort of return, when you go into business, you must make a return on investment. And when you have investors, if you squander their money, they fire you and possibly you go to jail for fraud. At the very least, if you do not meet their requirements for a return, they will also fire you. The free market works the same way for technology.

      Technology isn't the end all and be all for a successful enterprise. Their management made the right decision as far as I'm concerned and I'm sure Google's stock holders would agree. After the "customers" their opinion matters the most.

  9. ClubCastLive by SIGBUS · · Score: 3, Interesting

    I miss clubcastlive.com - it had live webcasts of bands at various clubs in Austin, TX. Shortly after they appeared on one of the morning TV news programs, they vanished from the web - and the domain eventually got snagged by a squatter.

    I think bandwidth costs ate them alive - they streamed in 112 kbps MP3. I managed to snag a few shows before they went Tango Uniform.

    --
    Oh, no! You have walked into the slavering fangs of a lurking grue!
  10. CNet by truthsearch · · Score: 5, Interesting

    I'm surprised CNet't not defunct. So many parts of their sites are very hard to look at, including this one. It's a shame because I always felt they had such potential, but I really can't browse their sites. It's still hard to understand why CBS valued them so high with their purchase.

    1. Re:CNet by Rob+T+Firefly · · Score: 3, Informative

      It's still hard to understand why CBS valued them so high with their purchase. The news.com domain was what CBS spent a metric pantload of money on. If it were attached to a dog groomer rather than an Internet company from the 1990s, CBS would now probably be grooming dogs while their management figures out how to best exploit the coveted domain.
  11. Distasters! by Ai+Olor-Wile · · Score: 3, Funny

    Where does one submit resumes for becoming a Dot-com distaster? I find dot-coms to be extremely distasteful and I would like to share my experiences on the matter.

  12. mp3.com by alan_dershowitz · · Score: 4, Interesting

    Where the heck is mp3.com, the bright, shining, and defunct future of music distribution? I still have probably a thousand of free MP3s of cool bands I found through that site.

    1. Re:mp3.com by 68030 · · Score: 2, Insightful

      I've found last.fm to be a suitable replacement at least for finding interesting new music. That's where I've got tons of my own music: http://www.last.fm/music/Children+of+the+Monkey+Machine

  13. Remember... by SGDarkKnight · · Score: 3, Interesting

    AdCritic.com it was one of the best internet sites for getting all the lastest (and funniest) commericals from around the world. I remember when they closed down their site, they just got to big too fast and couldn't support themselves anymore... too bad, it was definatly one of the best.

    --

    ...A no smoking section in a restaurant is like having a no peeing section in a swimming pool...
    1. Re:Remember... by spuke4000 · · Score: 2, Interesting

      If you liked adcritic, you should check out adhaiku.com. Every year there is a commerical fesitval France, with ~5000 submissions. A friend of mine watches them all, picks the 100 best, and writes a haiku about them. There's some very funny stuff there.

      --
      This post cannot be rebroadcast without the express written constent of Major League Baseball.
  14. Don't forget Pixelon by futuresheep · · Score: 3, Interesting

    http://www.theindustrystandard.com/article/0,1902,14183,00.html $35 million from investors, and a $10 million launch party featuring acts like The Who, The Dixie Chicks, Kiss, and Brian Setzer. All this for a streaming video service that never worked so at demos they used a custom front end for Windows Media Services.

  15. All of those collapse and goatse.cx still lives on by multi-flavor-geek · · Score: 5, Funny

    How, for the love of God, how....

    --
    Like arts? Like cheesy little Indie mags? Check out www.artwerkmag.com, and don't laugh at the bad coding please.
  16. And the winner is... by rezalas · · Score: 2, Insightful

    Everyone but these guys! It might seem a little crass, but when you think about it all the businesses that succeeded did so in part from the lessons learned during the "great crash". Which in many ways helped to bring the good idea makers and engineers together through the rubble to form meaningful companies and worthwhile investments from what could have been a severe slowdown for our overall progress in internet spread.

  17. Jenni Archives by bikeidaho · · Score: 3, Insightful

    So where are the Jenni archive videos, especially bow-chicka-bow-wow? I know someone has them... come on, fess up.

  18. Re:All of those collapse and goatse.cx still lives by multi-flavor-geek · · Score: 5, Funny

    I still wake up in a cold sweat sometimes screaming "I think I can see his kidneys, my eyes, my eyes!"

    --
    Like arts? Like cheesy little Indie mags? Check out www.artwerkmag.com, and don't laugh at the bad coding please.
  19. Jenni-cam? by ucblockhead · · Score: 2, Interesting

    How was that a disaster? The woman made a shit-load of money and got a shit-load of attention for no work.

    --
    The cake is a pie
  20. APBNews.com by commodoresloat · · Score: 2, Interesting

    A daily fix of news about crime and criminal justice delivered with a sense of humor. You can look through the old ones using the wayback machine. It's a little like what thesmokinggun would have been with real editors and reporters. They went under around 2002 but it used to be one of my daily browsing spots.

    That and our own nofuncharlie, which went under not because of lack of funding (there never was any in the first place), but because we let some domain-snatchers grab the domain out from under us....

  21. What about Wireplay? by thermian · · Score: 2, Interesting

    No-one ever mentions Wireplay.

    When that first started it was, in my opinion, the best online gaming service available. For those who don't know you paid for a connection direct to their servers, not the internet, which made it the fastest gaming experience available in the pre broadband era.
    There were gaming leagues, prizes, admins/judges for all games,and the chatroom system was excellent. I don't think their chatroom system has ever been bettered in fact.

    All my best gaming memories come from my time as a Wireplay member. I even made skins for lots of clans who played in the leagues.

    There was sort of informal feel to the place too, The staff had a webcam in their office that let you watch them work, and they had a log that they wrote whatever came to mind in, who was off sick, what they'd got up to at the weekend, anything.

    I don't recall who bought them out, but sometime during the boom they got taken over, and everything turned to shit, somost of the people I knew quit and moved over to barrysworld leagues. I left shortly after the new owner assraped the chatroom system and wrecked its charm.

    Now I find that it exists as some sort of free affair, but it's not the same.

    --
    A learning experience is one of those things that say, 'You know that thing you just did? Don't do that.' - D. Adams
    1. Re:What about Wireplay? by oahazmatt · · Score: 3, Funny

      No-one ever mentions Wireplay. I'm still waiting for a mention of Chips & Dips. Whatever happened to that place?
      --
      Those who believe the Internet is private,
      find their privates are on the Internet.
  22. Kozmo.com by superdude72 · · Score: 3, Informative

    I still miss Kozmo.com. With a few clicks you could have a sandwich, a pint of Ben & Jerry's, a Razor scooter, and some porn delivered to you in 30 minutes. Everything you need for the perfect evening! And no delivery charge.

    I kind of knew at the time that they'd never turn a profit, but it was nice while it lasted.

  23. i'm confused by circletimessquare · · Score: 4, Funny

    so the company went belly up, but no one lost the shirts off their backs

    somewhere, a cliche has just died...

    --
    intellectual property law is philosophically incoherent. it is your moral duty to ignore it or sabotage it
  24. Historical search engines by Sun.Jedi · · Score: 2, Interesting

    I recall the early lycos search business model -- you'd get 40 or free searches, then a subscription was 'required' (not really, but it was supposed to be required). I can specifically recall goofing off in my IT hardware support role searching and downloading DOOM *.wad files for late night fraggage. There was no /. then, sadly, there was only DOOM and Efnet.

    Altavista seemed to get replaced by google, in rather short order. I can't recall a specific reason I stopped using it, unless it was related to the repeated sale/reorg of DEC -> Compaq -> HP. I remember the news spreading about altavista hacked in '97 and '01 (the pr0n).

    Maybe I'll use that webcrawler search thingy to look this stuff up. Maybe I should go back to work instead.

  25. I don't get it by Moraelin · · Score: 5, Insightful

    You know, I don't quite get it. I've seen bigger arseholes in upper management or on the cover of some management magazines, and noone gets a shock at seeing those ;)

    Well, now seriously, it was just an arse. Admittedly a rather stretched one, but I gather there must be _some_ demand for seeing that on a woman, judging by the whole category of porn and whole sites dedicated to it. I haven't heard of people reeling in shock after being exposed to almost seeing a <insert female pornstar>'s kidneys up her rear end after an anal scene. Or sometimes in the middle of it.

    Seriously, it wasn't the most appealing or aesthetically pleasing picture out there, I'll grant that, but I just can't figure out the _horror_ some people claim to have experienced seeing it. It seems a rather disproportionate response. You'd figure that a simple, "hmm, how's this relevant to the topic at hand?" and hitting the back button would be enough for all practical purposes. Horror or shock? Erm, why?

    Or was it just the implicit hint of homosexuality that gives the average male in some parts of the world the idea that he must seem properly outraged and horrified by it, lest someone might get the idea that he's gay too? Not trolling, just genuinely trying to figure it out.

    --
    A polar bear is a cartesian bear after a coordinate transform.
    1. Re:I don't get it by Anonymous Coward · · Score: 4, Funny

      If you are jaded to seeing a guy with both hands buried with all 10 fingers deep in his ass, cranking it open directly in front of the camera like he was wrestling with an alligator's mouth, then you, my friend, really need to take a break from internet porn. Maybe stick to scat and dog fuckers before moving back on to Japanese enima sex and two girls with one cup.

      Could it be, that maybe YOU are the goaste man and are miffed at the negative response you've gotten from your skillfull anal theatrics?

  26. minus the pictures by Anonymous Coward · · Score: 3, Informative

    At the turn of the Millenium the Internet burst out of academia and hobbyism in a volcano of money, sex and possibility. It barged its way into our lives, our economy and our global culture. For many people the dotcom boom meant oodles of boodle, and the promise of even more. But most of these Web pioneers were shown how dangerous it can be to run before you can walk -- for as night follows day, bust followed boom.

    Collected here are history's most important failed dotcom businesses, and Web sites that were massive in their day, but now lie dormant in the graveyard of binary has-beens. We'll see people broadcasting themselves over a decade before YouTube existed, new global currencies that tried to leverage the booming global-local economy, and the best ways to let overexcited entrepreneurs burn through tens of millions of pounds and dollars in mere months.

    Welcome to the dotcom bubble: the black hole of Web history. -Nate Lanxon

    JenniCam (1996-2004; precursor to Justin.tv)

    JenniCam, beginning in 1996, was the first really successful 'lifecasting' attempt. We're more familiar these days with lifecasters Justin Kan and oh-God-look-at-how-hot-I-think-I-am Justine Ezarik. But these modern exhibitionists are doing a decade later what Jennifer Ringley started back when we were all using dial-up connections.

    Jenni started out broadcasting her often mundane life from a single webcam, but eventually quadrupled her cam count and didn't shy away from broadcasting anything, including any bow-chicka-wow-wow with blokes, or even when bored on her own. She was 19 when she began doing this (lifecasting, not bow-chicka-wow-wow), and continued the hobby for seven years (lifecasting, not... you get the idea).

    No subscription, no sex for you
    Money rolled in from $15-a-year subscriptions and Jenni ended up featured on massive US talk shows and on the cover of popular magazines. It's reported that her site was receiving over 100 million visitors a week -- remember this is 1996 and the Web as we know it now had barely lost its virginity, let alone given birth to the God-child we know as the modern Internet.

    In 2008, when reality TV shows such as Big Brother deliberately exploit chumps for the entertainment of idiots, Ringley's unapologetic self-opened window gave the world its first taste of what was to eventually dominate our tubes: user-generated video, interactive Web sites, paid-for Net subscriptions, video on-demand and self-exploitation.

    But it seems almost eight years of such revelation was enough for the 20-something Jenni, who apparently now leads a quieter life as a computer programmer.

    Boo.com (1998-2000; precursor to: Next.co.uk, et al)

    If you were cool and wanted clothes, you were part of Boo.com's target audience. Boo.com was one of the first to demonstrate the calamity that was to be the typical scenario for dotcom businesses at the turn of the Millenium -- overhype, overfund and overexpand. It was an online consumer fashion Web store, founded by Ernst Malmsten and ex-model Kajsa Leander in 1998, and launched the following year -- after eating £80m before selling a single item of clothing.

    To guide you around the bandwidth-heavy site was Ms Boo, an animated little shop assistant. The problem was that in 1999, the limited numbers of people on the Net were using the also-limited bandwidth of dial-up modems, and browsing the site was a slow affair.

    Overstaffed, overpaid, over here
    Perhaps that's why eight weeks before its demise in mid-2000, Boo.com had only managed to generate £200,000 in turnover from 300,000 customers. For a company that employed 400 people when it only estimated it needed 30, such a disappointing revenue was hardly enough to keep it afloat. Worse still, the company needed countless millions in additional funding, and as the tech stocks were plummeting like a pigeon shot mid-flight, the doors of banks were slammed, locked and welded shut.

    In retrospect, Boo.com simply tried to do too much, to

  27. Circadence by Rowanyote · · Score: 2, Interesting

    Likely a company name you have never heard of, but another sunken testement to the Dot com bubble burst.

    Circadence started as a small online games developer (VR-1) with well under a hundred employee and in a very short time grew to just under 500 people, millions of dollars of deployed hardware at 20+ network backbone nodes, a 24 hour NOC, 4 full time customer service people (each making 40k+) all without having a single customer. During this growth, the only money making arm of the company (the games development section) was sold off for additional capital.

    Circadence was going to revolutionize e-commerce by speeding up vender to backbone node communication through packet manipulation. (Thus all the deployed hardware). No more static image caching for them, they could deliver dynamic shopping pages to the customer as much as.... 5-10% faster.... Wait. (To give some credit, the speed improvements would have been better if the projected e-commerce boom started to congest the internet, unfortunately that also never happened)

    The first layoff went from 400+ employees down to 130 or so and was couched in terms of a company wide meeting in both an upper and lower conference rooms. The lower conference room got the talk and were walked out the door en masse and then escorted back one by one to get personal possessions. The upper conference room was told to go home for the day and to come in tomorrow for business as usual.

    A couple months later was the next round of layoffs, which took the company down to 11.

    All those millions of dollars of network gear and servers showed up on trucks to be auctioned off at pennies on the dollar. An entire building worth of computers, office furniture, desk detritus, everything either went into dumpsters or boxes (which later went into dumpsters), or was also auctioned off.

    Millions and millions of investor capital spent all for nothing. I wanted to cry as I watch everything being thrown out, boxed up and disassembled. The beautiful NOC where I watched the events of 9-11 for half a day in shock was cold, dark, and in pieces... as was the hopes and dreams of the rest of the company.

  28. Alpine by SgtChaireBourne · · Score: 3, Informative

    I pine for the days when I used a mail reader called pine...

    The new version is under the Apache License V2 and is called Alpine. It was easier to start the new project with the new license with a name change. If you can get past any prejudices about text-based, menu-driven applications, it kicks butt.

    --
    Beta is broken and the link to classic doesn't work. Stop wasting our time or there won't be anybody left here.
  29. Like most, they misunderstand Webvan by garyrich · · Score: 4, Interesting

    Maybe it's that the UK is too far away or that the writer doesn't get it personally. "Web site that sold groceries " was never the business model. They did that, but to paraphrase JFK "not because it's easy, but because it's hard". Once you can perfect getting fresh peaches delivered via an Internet order, everything else is easy.

    They were a tiered distribution company. They would have become a combination of Wal-Mart without the storefronts and UPS. Their two edges were

    1) dis intermediate all the retail outlets that all sell the same things. The profit margin in groceries is razor thin (again, they did the hard thing first). Eliminate the stores and employees, replace them with largely automated warehouses and drivers and you change the entire profit dynamic. Walmart.com and vons.com don't get this benefit since they still have to support physical storefronts. Amazon gets this benefit and does pretty well. People have figured out by now that Amazon isn't just an internet bookstore, Webvan died before it could get there.

    2)Use the internet as the front end of the business. That's pretty obvious.

    "Webvan -- none of whose senior executives or investors had any experience in the supermarket trade". Umm... yeah, that experience would have been useless since they didn't run supermarkets. They did have one of the main architects of Walmarts inventory and distribution system. They were damn good at what they did. If they had an unhappy customer I never met him.

    They died from dried up funding more than overspending (though they did that too). They were just about at the point of doing the "since we have a truck coming by your house anyway, why don't we also drop off your Netflix movie, next semester's textbooks and that creepy Rei Ayanami doll you ordered from Japan?". Without that Netflix has had to spend huge effort to get a (kick ass frankly) distribution system done via USPS. Amazon has their affiliate program where you can get all sorts of odd stuff from Amazon, but they don't have that "last mile" solved. If you order stuff in one order from 7 different affiliates you have to pay 7 different shipping fees and deal with 7 different shipments from different shipping companies. At least one of those shipments will get screwed up and one other will come from some shipper that won't leave it without a signature. Webvan was coming by your house anyway to drop off your groceries.

    And, yes, I did indeed ride a small position in WBVN all the way to $0.00. They could have been saved at any point and I still think they would be a huge company today.

    --
    -- your Web browser is Ronald Reagan
    1. Re:Like most, they misunderstand Webvan by Bourbonium · · Score: 2, Interesting

      I was a very happy WebVan customer and really thought the company would succeed. I hate shopping for groceries, but WebVan made it easy and painless. They had a great business model that could have been highly profitable, but I think they tried to expand too fast. They should have stayed localized in the SF Bay Area until they became profitable, and then expanded to Los Angeles, Sacramento, Portland and Seattle. A West Coast base of operations would have permitted a sustainable growth curve.

      But they decided to go nation-wide and spend a fortune building more automated warehouses in Dallas/Fort Worth, Atlanta, GA and Washington DC before they ever began to recoup the start-up costs of their west coast operation. I suspect that was their fatal mistake. Their smaller competitors, like http://www.peapod.com/ (a subsidiary of the Andronico's Market chain) are still in business and doing fine. I seem to recall that my wife was impressed by how much cheaper the products were priced on WebVan when compared to the brick and mortar supermarket chains like Lucky and Safeway (she actually pulled out grocery receipts to compare the prices of items we purchased regularly). For the convenience of their service, WebVan could have charged more for their products and still been successful, but they chose to undercut the big chains to develop a loyal customer base. We were loyal customers, and many of our friends were as well. That's why we mourn the loss of WebVan, because it really was a new, exciting and groundbreaking business model.

      I seem to recall that lots of their infrastructure was sold off in the bankruptcy process, and Safeway re-painted most of their delivery vans and they are still in use today.