Friday, February 27, 2015

Dot.com to Dot.bomb

The Dot.com to Dot.bomb presentation was great. It showed how all of these companies were growing and becoming powerful but in the end only a few survived. Some of the many companies mentioned were AOL, CompuServ, Prodigy, Spry and Yahoo.com. Yahoo.com is currently worth around 40 billion dollars and it was born during the dot.com era. We learned that big companies were buying out the small companies and if the small companies wouldn’t sell themselves they would most likely get crushed. Andrew Fry used dinosaurs to portray this whole story, with the tyrannosaurus as Yahoo.com. It started late but ended up on top by the end of the dot.com bubble burst. We saw that companies started making alliances and joining up just so they could stay in the game and move forward. Examples of such companies were Yahoo.com with Broadcast and AOL with Time Warner. Other companies that didn’t make it throughout the years were Friendster, FreeZone, and Luminant Worldwide either because of competition or personal problems within the companies. In Friendster’s case, it was taken out by MySpace which in return got taken out by Facebook.

I feel that it is very important for a tech company to stay upgraded at all times because once they start falling behind they end up getting crushed. They need to have and be working on the latest technology to stay relevant. Tech companies should also know when it’s time to quit while they can. If a bigger company is ready to buy them out, they should sell themselves. If not, then they become history and forgotten. 

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