#dot-com boom

[unbfacts]

All centibillionaires first reached $100 billion in 2017 or later, except Bill Gates, who briefly crossed the milestone in 1999 during the dot-com boom.

[its-suanneschafer-author]

Book Review: Many Are Invited by Dennis Cuesta

Book Review: Many Are Invited by Dennis Cuesta

Set in the late 1990s, Many Are Invited starts as a sort of buddy story. The two male leads, Steve and John, both in their mid thirties, work for the phone company trying to resolve the Y2K problem of what will happen to the world’s computer systems when 12/31/1999 shifts to 01/01/2000. They become fairly close until John leaves the company and joins a dot-com. He becomes wealthy, meets his…

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[tsunamiinet]

TTITLE: “tsunamii.net (2001-2005): A brief introduction” 

NAME: Tien Wei Woon

COLLECTION: tsunamii.net (2001-2005)

DATE: October 19, 2006

PUBLISHER: Tien Wei Woon

TOPICS: tsunamii.net; Singapore; Singapore and Information Technology; Dot-com Capitalism; Singapore Art History

PHYSICAL DESCRIPTION: Blog post, published on author’s blog Defragmenting My World

NOTES: Click on the screenshot to go to actual link of item. This post is written by Tien Wei Woon on his personal blog, after tsunamii.net was disbanded due to personal differences between the two artists. It offers a fascinating angle into the contingencies and contexts surrounding the formation of tsunamii.net, in a time where Singapore was anticipating a wave of dot-com entrepreneurship which never truly arrived. 

[cannatuga]

With $7 billion in marijuana sales last year, that the industry growth rate is higher than even the dot-com boom.

North American marijuana sales grew by an unprecedented 30% in 2016 to $6.7 billion as the legal market expands in the U.S. and Canada according to a new report by Arcview Market Research. U.S. sales alone were $5.86 billion.

North American sales are projected to top $20.2 billion by 2021 assuming a compound annual growth rate of 25%. The report includes Canada for the first time as it moves towards implementing legal adult use marijuana.

To put this in perspective, this industry growth is larger and faster than even the dot com era. During that time, GDP grew at a blistering pace of 22%. 30% is an astounding number especially when you consider that the industry is in early stages.

Arcview's new editor-in-chief Tom Adams said, "The only consumer industry categories I've seen reach $5 billion in annual spending and then post anything like 25% compound annual growth in the next five years are cable television (19%) in the 1990's and the broadband internet (29%) in the 2000's."

ArcView's analysis uses data provided by BDS Analytics that has access to millions of individual consumer transactions from dispensary partners.  “One of the biggest stories was the alternative forms of ingestion,” said ArcView Chief Executive Officer Troy Dayton. “Concentrates and edibles are becoming customer favorites versus traditional smoking.”

[porhomme]

Photojournalist Doug Menuez shares the photographs he took during the dot-com boom and bust. The images show some of the most historic moments that defined the tech age while the likes of Microsoft and Apple were competing to become the leaders of a new industry driven by personal computers, and new players came into the market like Nintendo. Menuez shot prominent figures like Steve Jobs, Steve Wozniak, and Bill Gates. His images have been put together in a new book entitled ‘Fearless Genius: The Digital Revolution in Silicon Valley 1985-2000’. Check out some of the photographs below and head over to Mashable for the full story and details.

  Doug Menuez Shares His Photographs of the Pioneers of Technology During the Dot-Com Boom and Bust Photojournalist Doug Menuez shares the photographs he took during the dot-com boom and bust. The images show some of the most historic moments that defined the tech age while the likes of Microsoft and Apple were competing to become the leaders of a new industry driven by personal computers, and new players came into the market like Nintendo.

[theparisreview]

Crummy computer news, part two: all the seemingly horrendous dot-com ideas of the nineties were actually pretty decent. Remember WebVan? No? They wanted to use the Internet to deliver fresh groceries to your door—just as dozens of profitable companies are doing today.

For more of this morning's roundup, click here.

[counterfeit-toast]

Also, Lycos still owes me like three bucks from when I put their ads on my angelfire page back in 2001.

[memoirinthemaking]

The Danger of Becoming a Professional

F ear of failure. This is how I’ve armchair diagnosed a friend of mine. He’s an extremely creative…

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