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Subject: | Re: [uk-netmarketing] RE: fall of the dotcoms? |
From: | salinka |
Date: | Thu, 01 Feb 2001 03:31:24 -0000 |
interestingly enough, we've been having the same discussion here in the
states. lots of press on a daily basis about layoffs, companies closing,
non-existent profits and dot com's being delisted off of NASDAQ.
when i first came to new york in '97, everyone was jumping on the new
media/Internet bandwagon. every job offered you stock options, foosball in
the corridor, unlimited snacks & a wild atmosphere. all one has to do is
look at pseudo.com as a model of the silliness that abounded here in NYC.
but how long did anyone expect the party to last. sure, i love what i do
and am interested in it. but i got into it because it's work that i wanted
to do. not because of options, foosball or the ability to show up at work
in your pyjamas.
do i feel bad about the layoffs? sure - when it's a friend and i know they
were actually good at what they did. and as the market is shrinking, it's
harder to find a new job. you can't just walk out & find a new job in a
week anymore. it can takes weeks...maybe months. but overall, i don't feel
bad about the failure of some of the more stupid business models i've seen.
and anyone who joined a company with a short sighted business plan, should
have had a plan B that didn't include IPO stock options.
what i think is really happening isn't a "failure" of the dot com economy.
it's more of an evolution of the revolution. the stronger companies will
survive the ride and the weaker ones will falter.
in answer to ashley's remark "this business used to be fun and spontaneous
and no-bullshit. when did we all become our dads..." i don't think this is
the case for everyone. if it is, i'm sorry for you. this industry is still
fun & exciting. there's new stuff coming out every day, new ways to use the
Internet and some of the "rules" (despite what nielsen says) are still
relatively undefined. name any other industry that moves & evolves as
quickly as ours, has so many smart people involved in it and manages to
remain exciting. ok...maybe i'm preaching to the choir here. but i resent
it just as much when blue shirts come in a push on their idea of what the
Internet SHOULD be when they don't understand what it CAN be.
yes, there is need for a reality check. you can't run a business with a
stupid business model. and i don't care what type of business it is...be it
a dot com or a fish & chip shop. but rather than beat up on one another
about the failure of one dot com over another, we should be thinking about
ways to deflect journalists who still want to turn a mere industry
adjustment into a tabloid story or programme.
ttfn,
sally krumholz
~~~~~~~~~~~~~~
senior producer
mezzina brown interactive
new york
Replies
Re: [uk-netmarketing] RE: fall of the do, Ashley Pomeroy
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