Does it feel like we are living in a bubble right now?
With housing pricesat a seemingly never-ending plateauand AI being around every corner you look, it's easy to think this is all going to come to a head in catastrophic fashion very soon.
Having lived through so many of these so-called "bubbles," younger generations have a hardened cynicism to spot these scams from a mile away, but that wasn't always the case.
Before the AI craze or even the housing crisis of the late 2000s, there was a bubble that seemed too big to fail at the time, but, with the benefit of hindsight, looked like the Hindenburg heading straight for a fireworks factory.
The Dot Com Bubble of the late 90s and early 2000s was a perfect storm of something becoming so big so quickly that investors were literally throwing money at any company or thing that had a website.
Some of the dumbest internet ideas of all-time were spawned from the Dot Com Bubble, so I thought it would be fun to look back on five of the worst websites that era had to offer.
All five of these disasters directly led to the bursting of the bubble in 2001, so let's look back and laugh at how dumb everyone used to be while we simultaneously careen towards the edge of a cliff at breakneck speeds in the present.
Kozmo was a delivery service whose website was started up in 1998, and, on the surface, it wasn't a terrible idea.
Hell, this predated things like Instacart and DoorDash by a good two decades, so why did it fail?
Well, for starters, there were no delivery fees, meaning Kozmo was operating at a massive loss pretty much from the start.
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