Tag Archive for: dotcom

I Personally Watched A Billionaire Lose Everything; Wife Stayed Rich; Lessons?

Northern California was ground zero for the dotcom melt-up in the late 1990s and the implosion in 2000. Living in NorCal at the time, I was able to personally bear […]Read More

When ALL Assets Are Crashing – Make Sure There Is A “There There”

Pets.com famously spent $46 on advertising for every $10 in sales and flamed out in one of the most famous dotcom busts. The model was flawed from the start, and in hindsight it seems obvious that they could never generate profits – but investors bought up the stock by the bushel anyway.Read More