This
technological revolution of the 90’s was insane! I was really fascinated by the
events that were going on during the start of the internet bubble to its burst.
It was an epic time for all of the investors that assumed that by operating their
companies online – they were going to make MILLIONS.
Plastic dinosaurs were used by our professor
to represent the big companies that are in a race for dominance - which I
thought was a creative approach! Although it was hard to watch all of these
powerful companies being knocked down hard one by one during this era. I’m not surprised
to learn that some of the companies that were established such as Amazon and Yahoo
still exist today. What stuck out to me the most was Microsoft’s mission
statement, of how they want a computer in every home on every desk…kind of
scary how they were trying to run the world. It was also interesting to know
that in 1994 people were already trying to do 3D with the web. Towards the end,
I discover that the bubble burst was caused by two main factors. One revolves around
how inexperienced individuals of the company didn't know how to generate
revenue of their cash flow and the problem of overvalued stocks.
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