In the following weeks, I will be posting a series of “What happened to?” on several of the old internet businesses that went kaput (local ones only). I’d like to dissect each of them and see why they went down the drain and how they could have survived the tech crunch of the early 2000.
I was once a part of the so-called booming internet industry in those years and I bared witness to how (and how much) idea incubators burn money to the ground without earning a single centavo.
I believe that most of them had a really good business model and very capable people running them but alas, timing is everything on the internet. You have to be at the right time to position yourself and be able to deliver fast as well as reaching your intended audience to covert those ideas and services into moolah.
Should you have some other infos you’d like to share, shoot me an email and we’ll talk about them here on my blog. :D
“What happened to?” Series List :
Some more Taipan-ic ventures from 2000:
Latitude Web of Lance Gokongwei.
CateringX of Lucio Tan, Jr..