Abstract This paper analyzes in detail the demise of the dotcom business, Webvan. The author states that Webvan ignored the most important lesson that good business is still based on basic rules of supply and demand, customer service, employee relations, and prudent expansion. It reached too far and too fast.
From the Paper "In the boom days of the dotcoms, even with such ambitious scope, Webvan had no trouble raising capital; at its inception, investment analysts gave it the nod with assessments that ranged from "attractive" to "strong buy" ... But no sooner did the company go public in November of 1999 and raised $375 million, but the bottom dropped out, and it showed losses of $144.6 million in its first year of existence. At that point, from a market perspective, most of us would do what the analysts did"urge "holds" and caution"to give the brand-new baby business time to find its feet."
Abstract This short paper argues that the internet has improved our lives and changed things for the better. The author includes numerous examples to back up his argument.
From the Paper "The Internet is just one of many technological innovations which have changed our lives in the last decade, yet it is by far one of the greatest. In a relatively insignificant amount of time, this simple concept has revolutionalised the way we go about our lives ? from our use of computers, to the print media industry, to significantly affecting the workings of both large and small businesses. Pick up any magazine, newspaper, listen to the radio or watch TV and you can?t help but notice the massive influence it has already had on our lives. It will also be a major force in determining our future. The question therefore has to be asked, has the "Dot-Com Revolution" changed our society for the better, or worse?"
From the Paper "Introduction
Within the last two years, a business development in America has challenged the "traditional" role of human resources professionals. Specifically, the primary challenge comes from the rapid development of E-commerce companies (known generically as dot.com companies since their URL's end in .com). For Internet start-up executives, the concept and need for HR are still new and ultimately alien.
A secondary challenge comes from existing successful companies that have started internal dot.com operations and are now facing the problems of structuring the new businesses. A good case in point is Chicago-based Bernard Food Industries Inc. For some 20 years, the company with 100 employees has been family-owned.."
Abstract This paper explores the emergence of the so-called new economy - namely the IT boom and dot.com phenomenon seen in recent history. First, the paper explains what exactly defined this new economy and why it differed from the old, more stable and long-term economy. The paper then explores how this new economy effected global markets, individual business strategies and most importantly how it merged to work alongside the old economy, which continued to play a major role.
Contents:
Introduction
Definition of the New Economy
The New Economy and the World Economy
The New Economy and Business Strategy
Bringing the New Economy and the Old Economy Together
Changes Associated with E-Commerce
Outlook
Conclusion
From the Paper "For some analysts, the term, "New Economy," refers to the plethora of "dot com" companies which have come into existence in just the past few years, created new millionaires from young entrepreneurs, and changed retailing as consumers comparison shop and browse from their homes and offices 24 hours a day, seven days a week. However, the ramifications of the New Economy move far beyond just using the Internet to reach catalog customers. Wilfred Corrigan, an executive in the semiconductor industry, notes that a primary difference between the Old Economy and the New Economy is the primary commodity which powers the two."
Abstract This paper explains that angel investors are a major part of the business community especially for start-up companies. The paper points out that the term angel investor became very popular during the dotcom era, but angel investors have existed as far back as 1877 when wealthy individuals would invested in new businesses. The author states that many of the largest American companies were funded by angel investors.
Table of Contents
Introduction
Historical Implications
Types of Angel Investors
Differences between Angel Investors and Venture Capitalists
From the Paper "In many cases, angel investors are members of a club in which all of the members pool their money and look for potential businesses to invest in. Many of these clubs have evolved out of the nostalgia that was Silicon Valley. These angels take investment in a startup seriously. .... Angel Investors can also be ?private individuals that invest their own money into start up company.? ... also asserts that Angels are looking for start ups that have a competitive advantage, an identifiable niche market and products that can be patented."
Abstract This paper details the beginnings of Priceline.com, an integrated Web-based e-marketing automated system. It looks at Priceline.com's transformation from a limited liability company to a corporation and the marketing hurdles it now faces because of increased competition in the dotcom market place. The paper defines the problems besetting Priceline.com now and offers a solution to the problems.
From the Paper "Where can a traveler satisfy every need at their price, be it airline tickets, hotel rooms, rental cars, mortgages, new automobiles? The answer is Priceline.com. All you have to do is know your need, state your terms, and make your offer. It doesn?t get easier than this. Priceline.com was one of the pioneer online companies to traverse the traditional limitations of the Internet and revolutionize online purchasing. It's strategy ? letting the consumer name his/her price, and matching it with a seller who is willing to fill the demand at that price and those conditions, there by providing the required service the consumer desires. Thus Priceline.com is basically an integrated, Web-based e-marketing automated system, which was one of its kinds when it started its business in the consumer marketplace."
Abstract This case study discusses the failure of Boo.com, its business model, competitors, alliances, technologies and recommendations.
Introduction
Business Model
Technologies
Competitors
Acquisitions and Alliances
Advertising
SWOT Analysis
5 Force Analysis
Recommendations
Summary
Bibliography
From the Paper "Boo were probably one of the most publicised victims of the Dot.com crash. Boo's concept was to sell top fashion clothing over the Internet at retail price with the aim of creating a global brand. Boo launched in November 1999 and on May 17 2000 Boo had gone out of business. In six short months, Boo had spent $US135 million dollars. Boo has since been purchased by fashionmall.com Inc. in New York, which bought the boo.com domain name, trademarks and other assets. Boo.com has since reopened under the fashionmall.com banner. This case study will examine some of the key factors in Boo's failures."
Abstract This paper discusses why the dot coms boom eventually collapsed and discusses the dotcom phenomenon as a unique part of modern economic history. The paper further discusses why investors abandoned long held principles of economic growth in order to profit quickly from speculation.
From the Paper "Dazzled by the lure of rising stock prices and a burgeoning new technology, investors abandoned the long-held principles behind economic growth in order to profit from the tidal wave of speculation that accompanied the growth of the Internet. New stock offerings routinely sold at absurd prices and the relationship between stock prices and company earnings was considered outmoded by many business pundits. The dot com feeding frenzy reached its nadir when America..."