How blockchain technology can transform our world
The technology can be used in far more applications than virtual currency.
As Facebook prepares to launch its massive IPO, it's a good time to look at the late 90s to see what people thought were good investments.
As Facebook prepares to launch its massive IPO, it's a good time to look at the late 1990s and see the companies expected to make a fortune but soon - very soon - came up short.
Pets.com was one of the most memorable after it raised $82.5 million in its 2000 IPO and then folded 9 months later. In its last full quarter, the company lost $27.7 million after revenues of $9.4 million. It actually lost money on most of the items it sold.
Pets.com was best remembered for its sock puppet.
Caption by: Andy Smith
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