When the Geeks Inherited the Earth
by Michael - June 26th, 2008 9:18 am
Are you old enough to remember the dot com boom?
What about the Internet crash that eft hundreds of thousands of would-be entrepreneurs thumbing through the classified ads while sipping lattes from the kitchens of their soon-to-be-reposessed luxury homes?
The Economist is carrying a well-executed article about three of the biggest name companies who each have survived the best of times and the worst of times – Yahoo!, Google and Amazon. In a June 19, 2008 article, “The Three Survivors” details the beginnings of each along with why Amazon is once again emerging to take its place in the sun, with founder Jeff Bezos still holding the reins.
Yahoo! is floundering, though they have managed to survive the threat of being Microsofted – for now – with a little carefully managed assistance from their friends at Google. Still, stockholders are angry enough at co-founder Jerry Yang that they do plan to buck him from the saddle at the annual meeting in August.
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