Word: dotcomers
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Dates: during 2000-2009
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...Fiorina's future, HP follows the mantras of the dotcom era: get big fast and diversify, keeping your fingers in as many pies as possible (in this case, the PC business, the server business, the consultancy business, and printing and imaging). Hewlett's vision is more classic and conservative: avoid spreading your resources too widely, and focus on what you do best--and what you're known for. In HP's case, that's printing and imaging. Hewlett would have HP ditch most of its low-margin PC business. Until recently, Wall Street seemed to be in lockstep with Hewlett...
...That's assuming the deal goes through. In the wake of the Enron debacle, questions are being raised about Global Crossing's aggressive accounting practices. And even if a bankruptcy judge approves the bailout, it could take another dotcom boom for the investment to pan out. Li, however, doesn't mind taking big risks for big rewards...
Accurately or not, especially since dreams of quick dotcom millions collapsed, recruiting has become perceived as the launchpad to a successful career. In the second part of FM’s look at recruiting, see how two seniors try to follow the money...
Most of today's B2B survivors have learned key lessons from the flameouts of firms like Ventro of Mountain View, Calif. Born in 1997, the dotcom promised to become the premier marketplace for laboratory tools and chemicals and attracted bushels of investor capital. That inspired it to build other exchanges for medical supplies, packaged foods and everything in between. Its stock soared to $244 a share in February 2000. But it ran up enormous costs trying to create online catalogs that could interface with the wide variety of purchasing programs already used by its clients. And those costs would have...
...Best Dotcom Survivor With the simplest of business models - matching buyers to sellers and taking a percentage of each completed sale - the online auction powerhouse eBay rode out the wave of antitech sentiment that drowned many other former stars. The company has grabbed about 90% of the online consumer auction market. Almost 38 million registered users can't be wrong...