In Land of the Giants: The Google Empire, Recode’s Shirin Ghaffary and Big Technology's Alex Kantrowitz explore how a company that began with idealistic goals of creative experimentation and making useful products has turned into a worldwide power with enormous impact on the way we live.
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40:42
Fax to the Future
Pets.com. Webvan. Kozmo.com. All these companies met their demise when the bubble burst. But their ideas live on today, in Chewy.com, Fresh Direct, Postmates, and many other start-ups. Looking at 2020 through the lens of the dot-com crash, what's changed about the tech industry and the way we think about technology, and what's stayed the same? And are we in another bubble?
From Epic Magazine and the Vox Media Podcast Network. Hosted by Julia Furlan.
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29:33
All Work, Some Play, Mad Risk
Dot-com companies attracted a lot of people interested in working in exciting new businesses with a start-up mentality. From bike messengers delivering food ordered over the Internet to warehouse workers shipping dog collars across the country, dot-com workers embraced the short-term perks (free food! jeans at the office!) and the potential for big paydays (stock options!). But when the bubble collapsed, many workers were left with nothing but risk.
From Epic Magazine and the Vox Media Podcast Network. Hosted by Julia Furlan.
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24:01
Lighting the Stock Market on Fire
Venture capitalists and tech entrepreneurs chasing big payouts helped inflate the dot-com bubble. But other forces brought the mania to individual investors, and tried to keep the party going, even as dot-com companies started failing left and right. As Jane and Joe Schmo saw their retirement accounts plummet, who was going to take the blame?
From Epic Magazine and the Vox Media Podcast Network. Hosted by Julia Furlan.
Sources for this episode include John Cassidy's 2003 New Yorker article "The Investigation." You can read the article here. For more on the Internet era from Netscape to the iPad, check out episode guest Brian McCullough's Internet History Podcast.
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40:22
Fear of Investing in BlackPlanet
Before MySpace and Facebook, there was BlackPlanet. BlackPlanet.com, a social media site targeted to Black users, was immediately popular when it launched in 1999. It allowed users to create their own personal web pages, set up dating profiles, and look for jobs. But venture capitalists and other investors largely overlooked BlackPlanet during the dot-com boom. Meanwhile, other companies like theGlobe.com saw investment money pour in and their valuation skyrocket in the public markets, despite having weak business models and a tricky road to profitability.
How did venture capitalists choose which dot-coms to invest in, and how did their blueprint for investment tip the scales to certain types of companies? And how did the rush to ride the dot-com bubble lead to the crash?
From Epic Magazine and the Vox Media Podcast Network. Hosted by Julia Furlan.
Special thanks to Aliya King, author of the article "The Black Internet Gold Rush That Wiped Away $75 Million in 18 Months." You can read the article here.
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Go For Broke is a podcast series about historic bubbles, the irrational enthusiasm that creates them, and the lessons we’ve learned (and the ones we haven’t) when they pop.In our first season, we’re examining the original dot-com bubble. From the meteoric rise of Netscape to the stunning fall of Pets.com, we'll explore how venture capital money and stock market speculation, combined with the beginnings of Internet commerce, led to trillions of dollars created and lost — seemingly overnight.From Epic Magazine and the Vox Media Podcast Network.
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