Immersion or Isolation?

No business plan? Riding on the Bubble again?

As a survivor of the dot-com bubble, it wasn’t very hard to see what projects would ultimately fail, and to see which ones would last through the bubble and grow beyond it. Some were surprises — Google’s reliance on a single business model that nobody believed in: web-side adverts — but many, many failed because the whole concept was wrong, and companies with a similar concept simply had to shut down.

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