Sometimes I feel like a chump.
Like when I work my steel-and-wire engineering job while my friends jump onto Internet startups and assure me that they’ll go big and retire early. In Redmond, this is in fact a big pain. Several of them I know are still working on their companies, and several I don’t hear from anymore.
But I’m a classical economist; I believe Greenspan when he says it can’t last forever. I’m irritated by the fact that plenty of investors and members of the public have a deeply held feeling to the contrary.
I want the Teeming Millions to scour their memories and cache files for “Dot-com” companies that splattered instead of soared.
One of my leading candidates is one that I was pressed to “act now, get in on the ground floor”; it wouldn’t even tell you what they intended to do or sell. The URL was www.countdown9199.com.
Another is one which offered “free stock” and every gullible person in your office sent you the offeratory e-mail: www.exit24B.com (?).
Today, I amend my “favorite muppet” post, too: It’s Oscar.