
"A near-future retelling of the biblical story of Joseph, Exit Strategy traces the moral compromises of an ex-hacker named Jamie Cohen. Like Joseph, Jamie is betrayed but then finds himself at the right hand of a powerful civilization building pyramids - except these are investment pyramids based on technology idols. As Jamie is drawn further and further into the bullish mentality of the marketplace, he finds that people begin mutating into bulls - real ones - all around him."--BOOK JACKET.
Although it is fiction, it is an entertaining read of the attitude you describe during the dot.com boom.
I remember reading it a chapter at a time, as it was released, I think weekly, on yil.com.
The burst will not be as devastating simply because not as many people are directly involved.
I am still using eBay and Amazon, and even Yahoo is still around (which acquired Viaweb).
Do you honestly think Twitter is worth $8 billion dollars without a business model?
Please, read this book:
http://www.amazon.com/Exit-Strategy-Douglas-Rushkoff/dp/1887...
To "compete" in the US now, these companies must provide both content and mobile connectivity.
Reminds me of Douglas Rushkoff's "Exit Strategy" (vertical brand alliances), or some weird v2 of Prodigy, Compuserve, AOL.
Telecom offerings in the US is a sad state of affairs.
I am curious what the landscape will look like in the next decade, as "data" prices increase, while local storage continues to plummet.
It reminds me of "Exit Strategy" by Douglas Rushkoff, where it discusses vertical brand integration.
http://www.amazon.com/Exit-Strategy-Douglas-Rushkoff/dp/1887...
