Easy to say that people were stupid back then. It was a bubble. I guess Cuban made money off it. Unless there’s more to the story that we’re not aware of.
Well, I could point out some posts somewhere on the internet lambasting the TW/AOL deal at the time. And I’m sure I wasn’t the only one. But yeah, it was a bubble. People get maniacal. And I’m not always right either ;-)
according to wiki, made millions as a software reseller. Then he bought into “Broadcast.com” which was supposed to replace terrestrial radio and television or something. The yahoos at Yahoo! bought it for $6 billion and then watched YouTube take over the entire space. Thru thought domain names mattered more than the product? Pets.com, Toys.com etc.
Google and YouTube ate Yahoo’s lunch. And to think Yahoo could have bought Google for just $1 million. Search engine (Google) vs directory service (Yahoo), well we know who won and which was the better idea. Directories are cumbersome.
We’ll see next who wins the AI. Google now puts their own AI answers atop search pages. But there are some really great alternatives. And Musk is pushing Grok which he admits is a little behind but he believes will catch up (and I think he’s got a great idea to distribute energy and computing power to Tesla cars which have batteries and powerful computers onboard). He doesn’t need to buy a nuclear plant like Microsoft did, he’ll just use parked Teslas to crunch data. And X is a pretty big platform for market penetration. Not as wide as Google though. Still, lots of players in that field each with their own ideas. Meta is crap though.