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listen - the dotcom boom is over
by DavidM
 




Most of shares on NASDAQ you wouldn’t give your hamster to shred into one of the cute little nests they make

 

I’m in a taxi. Bit of conversation. The driver asks me what I do. I say Internet. His eyes light up. And I hear the dreaded words:

“I’ve got this great idea for a website”

Listen to me and listen good.

American business are preparing to write off over $590 billion dollars wasted on failed online ventures. Marconi are reeling, bumping into walls, after being socked by one of the biggest corporate losses in human history. £21 billion wasted on telecoms ventures.

Over 65,000 people in technology have been laid off in this country alone. Most of shares on NASDAQ you wouldn’t give your hamster to shred into one of the cute little nests they make. Thousands of graduates who studied web design etc during the Golden Age Of Information (1995-1999) are now unemployed and unemployable. Employment agencies - those wankers who had the market in a stranglehold - are finished. Good riddance but a lot of my friends - bright, intelligent, hard-working - are now on the dole and some are even considering spending the evenings down the docks. In wet suits. With the bum cut out. And a sign around their neck.

A recession is hoving into view like a big black Zeppelin. Most financial institutions have closed down the hatches, thrown their crews overboard and are sitting it out in the hold.

It’s carnage. Armageddon.

The last thing they are going to do is bung £2 million cash at your piss-poor website idea.

Yet this information is still yet to percolate into the brains of the general public. Who are still spending gladly and dashing their savings away on Mariah Carey’s latest film or a Harry Potter buttplug.

Still you get this:

“It a site where you can hum a tune and a link to the record appears on Amazon”

No.

“It’s an online shop for lonely single men called AngryLoner.com”

No.

“…it will sell fruit, fruit-shaped things, books about fruit…”

No. NO. NO!

WHAT HAS TO HAPPEN TO MAKE YOU REALISE IT’S OVER?

by DavidM

» what’s the worst website idea you’ve heard?
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