2001- a DotCom Bubble Odyssey

What happened in the lead-up to the Internet Bubble burst of 2001? What went right, what went wrong, and what lessons did we learn? (Part 1 of 3) SHOW: 772 CLOUD NEWS OF THE WEEK - http://bit.ly/cloudcast-cnotw CHECK OUT OUR NEW PODCAST - "CLOUDCAST BASICS" SHOW SPONSORS:Find "Breaking Analysis Podcast with Dave Vellante" on Apple, Google and SpotifyKeep up to data with Enterprise Tech with theCUBECode Comments - An original podcast from Red Hat (Season 2)Adjusting to new technology, from teams that have been through itSHOW NOTES:All the Shows Notes Research Original Tweet that inspired the show: https://x.com/forrestbrazeal/status/1719827334834913283?s=20 “Looking for recommendations: what’s the best book ever written about the dotcom bubble? Specifically looking for something that captures the emotions of that time as well as the mechanics” THE BROWSER, THE NETWORKS, THE CARRIERS AND POSSIBILITIESInformation was freely exposed to the Internet (and Intranets)It was Digital Transformation 1.0 era - Everything on the Internet The New Industrial RevolutionLots of focus on new Online PurchasingLots of focus on new Telecommunications services (VoIP, VoD, etc.)Lots of focus on new media partnershipsEVERYTHING ALWAYS GOES UP, EVERYDAY, RIGHT? Massive network build outsLots of Engineers and MBAs moved out to Silicon ValleyEvery startup built their own data-centers, networks, applications, etc.IPOs were happening every weekTelecom vendors vs. Internet/Networking vendorsStock prices going up $1-2 per dayLESSONS LEARNED:Infrastructure has to match the ambitionsBusiness models always come back to revenues and profitabilityEach wave can create the new big winners (and losers)Understand Manias vs. Fundamentals (where in the wave are we?)Stupid money eventually finds a bottomFEEDBACK?Email: show at the cloudcast dot netTwitter: @thecloudcastnet