Hacker News new | ask | show | jobs
by ipaddr 1065 days ago
The first .com bust was that these e-stores weren't profitable compared to valuations. So much money was poured in.. I use to get 1 or 2 dollar checks from free spin places. Too much money too soon. Ads had nothing to do with the bust. When pets.com went bust the market the air left with it and everyone moved into companies laying cable.