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And Seattle isn't really crazy anymore. It's a big dot-com city.
The joke about SAP has always been, it's making '50s German manufacturing methodology, implemented in 1960s software technology, delivered to 1970-style manufacturing organizations, like, it's really - yeah, the incumbency - they are still the lingering hangover from the dot-com crash.
So, for example, a country was into recession right after I was sworn in, a dot-com bust had taken place. Then the attacks of September the 11th, and then of course the great financial meltdown in the -the fundamental question facing any presidency is how do you deal with the hand you're dealt?
George W. Bush
During the dot-com days, one could take just about any company public and reap fortunes. All you had to do was to make sky-high projections for growth, say you were in the Internet space, and go along with unscrupulous investment bankers and their analysts.
Google started out when the dot-com boom was happening. It grew under the radar of big companies that were competing in but basically ignoring search. Then they were able to really invest during the bust for a long time.
As you know, in the past several years, month after month, radio has increased its revenues - some of it even coming from Dot-Com advertisers. So, radio is a survivor.
So many dot-com companies were formulated on air.
Almost every dot-com idea from 1999 that failed will succeed.
It was 1999, and we were building a way for college kids to create online profiles for the purpose of sharing... with employers. Oops. I vividly remember the moment I realized my company was going to fail. My co-founder and I were at our wits' end. By 2001, the dot-com bubble had burst, and we had spent all our money.
Many of the young aspire to happy marriages and dot-com fortunes but end up in guarded love and okay-for-now jobs.
Arlie Russell Hochschild
I think we've seen a lot of examples of giving a name its own definition in the dot-com world. Amazon, Google, Yahoo - these are names we never would have dreamed major corporations would choose.
I think the dot-com boom and bust represented the end of the beginning. The industry is more mature today.
In 2000, just before the first dot-com bubble burst, it cost a whopping $5 million to launch a tech startup.
Remember, 2000 was the year of the dot-com bust. The telecom industry lost about $2 trillion in market capital at that time.
Today, in the Internet gold rush, so many people go into dot-com jobs right from school or even before finishing. Their motivation is understandable, but sometimes they just lack experience.
But maybe because the dot-com world gives people positions at a younger age, and many women are prominent in this business, it will help change the view about who can run big companies.
Parents will purchase the dot-com name for their baby. We have been aware of some instances where somebody didn't name their child a particular name because the dot-com wasn't available.
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