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Chitchat Great interview with Jack Ma, Davos yesterday

Pinkieslut

Alfrescian
Loyal
This guy should be our Minister of Finance. He explains everything very clearly. He backs it up with numbers and MI. Truly impressed.

https://m.youtube.com/watch?v=Y69NU9aVRkQ

I already said many times that Sinkie Chinkies still have this superiority over the Ah Tiongs. Still dreaming. The world has caught up and bypass Sinkieland already.

All those GLCs whose business models were designed to use the perceived superior Sinkie knowledge (2nd hand from Angmo) to benefit from the development of "background" Asian countries are more or less redundant these days.
 

mojito

Alfrescian
Loyal
I already said many times that Sinkie Chinkies still have this superiority over the Ah Tiongs. Still dreaming. The world has caught up and bypass Sinkieland already.

All those GLCs whose business models were designed to use the perceived superior Sinkie knowledge (2nd hand from Angmo) to benefit from the development of "background" Asian countries are more or less redundant these days.

Nonsense. The chinks are amateurs at developing industrial parks and townships. If not for the diplomatic spats lately, we would gladly develop one alongside their own to show how we can do it better!
 

Seee3

Alfrescian (Inf)
Asset
This guy should be our Minister of Finance. He explains everything very clearly. He backs it up with numbers and MI. Truly impressed.

https://m.youtube.com/watch?v=Y69NU9aVRkQ
Thanks for the video. Very interesting.

Jack is the kind of conman that one doesn't mind being con by him. When he said US lost the money to Wall Street, it sounded logical but then who was the last person who sold before the crash? People from other country?

Good with words and excuses. Not like our local guys.
 

Pinkieslut

Alfrescian
Loyal
Thanks for the video. Very interesting.

Jack is the kind of conman that one doesn't mind being con by him. When he said US lost the money to Wall Street, it sounded logical but then who was the last person who sold before the crash? People from other country?

Good with words and excuses. Not like our local guys.

Jack Ma already said in the Davos interview he never gone to Harvard. In Sinkieland he will not be considered a talent LOL.
 

tanwahtiu

Alfrescian
Loyal
Jack MA mentioned abt trade war. And how it is going to end? True in a war it is hard to end. Tell the British empire and US what they did to China drug trafficking opium at China door step.

Chinese asked angmoh to stop but they refused and for 50 years Chinese hv fought the angmoh drug traffickers and british empire refused to stop growing opium in india.

Until Chinese hv to grow opium and drugged their own people to counter the opium trade. The opium trade become balance until no more profit for the British to make and bastard pommies finally conceded defeat.

Then the Pommies started to realised the Chinese opium are heading to their motherland and UArseA to start the Yellow Peril.

Someone need to educate jack ma of the West opium trade war with China. And see want jack hv to say?

Email to him to this site to look at tanwahtiu coomplaints and tulan fucking pommies who drugged my grandmother with opium.

Angmoh Trumpet want trade war with China start apologize to China first of the opium trade war which last more than 50 years.

Opium trade war was a humiliating war on China mainland Chinese and overseas Chinese the diaspora group.

Fuck u pommies bastards.
 
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Think_PAP

Alfrescian
Loyal
Too civilized too naive fucking rubbish content. Go fuck spider.

Ang Moh Trump knows Xijinping gives him Middle Finger so talk only to Ma who is businessman like himself, as he is new bird cock no hair politician.

Nobody outside USA want to take him serious.
 

tanwahtiu

Alfrescian
Loyal
The white shd keep producing more lawyers 100 lawyers: 4 engineers and leave opium drug addicts far east Asian states to produce 100 engineers to 4 lawyers. 100E: 4L.

With 2000% profit margins from drug trade can produced top talent lawyers why choose low class manufacturing. Outsourced manufacturing to drug addicts far east Asians.

Opium Drug addicts need low class manufacturing jobs to pay for the drug opium and buy from drug traffickers England British empire.
 

krafty

Alfrescian (Inf)
Asset
The white shd keep producing more lawyers 100 lawyers: 4 engineers and leave opium drug addicts far east Asian states to produce 100 engineers to 4 lawyers. 100E: 4L.

With 2000% profit margins from drug trade can produced top talent lawyers why choose low class manufacturing. Outsourced manufacturing to drug addicts far east Asians.

Opium Drug addicts need low class manufacturing jobs to pay for the drug opium and buy from drug traffickers England British empire.

ah tan, yes, this has been said over a thousand of times! what is important is money keep flowing in for now, heck care the future.
 

frenchbriefs

Alfrescian (Inf)
Asset
jack ma is overrated,just another lucky chink in the right place at the right time in the right market.another overnight jackpot internet billionaire god knows there are how many of them.these billionaires appeared overnight simply from the sheer scale of their market,the internet...imagine say the tokyo real estate bubble in the 1980s,riding the wave like a tsunami,except this was the chinese internet ecommerce bubble which was like a nuclear explosion....all jack ma had to do was be number one in the market which he was from his early visions of setting up a internet company in china when the rest of china was still in lala land......u know theres a saying in business or wall street,either u be the first,or be better or play dirty.

.like those who watch ted talks,people who know nothing about nothing about business or build a real empire from brick and mortar.....jeff bezos however is the exception and the true genius.....all his interviews are brilliant....just listening to him speak pure ecstasy......his journey a long and difficult one spanning more than fifteen years as his company waxed and waned after the 2000 tech bubble burst falling from a high of 100 bucks to a low of 5 bucks as it struggled to survive for many years,before growing into the behemoth it is today more than 300 billion in market cap....jeff bezos is a genius at seeking out niches and growing markets where there is none....the amazing amount of innovations and services amazon has come up with.....his vision is ultra long term,he plans for the ultra long term.....he runs his business as though it will never die....till today his massive 300 bil dollar company generates almost no profit even though its revenues is 107 billion,all his resources is channeled towards growth and R&D and innovations and constant expansion and tens of pet projects under incubation.the man doesnt care about profits,he is building an entity.

what the fuck did jack ma do?nothing except the fucking golden egg falling into his lap.that man dont even know jack shit about computers or building empires like li ka shing.....just another internet billionaire.....theres another overrated internet billionaire too but i wont name names....

now moving on,heres a video of a real deal.....

[video=youtube;SFaRazMpxcM]https://www.youtube.com/watch?v=SFaRazMpxcM[/video]
 
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frenchbriefs

Alfrescian (Inf)
Asset
One of the kings of the ’90s dot-com bubble now faces 20 years in prison
Jim Edwards Tech Dec. 7, 2016, 7:47 AM

https://static-ssl.businessinsider.com/image/5261ad896bb3f7864bef5f1e-1024/kaleil130825271869.jpg


Sixteen years ago, the tech bubble crashed.

The NASDAQ fell from a high of 5,132 in March 2000 to just 1,470 a few months later, as giddy investors suddenly sobered up after figuring out that web businesses with little or no revenue were fundamentally worthless. Companies worth billions when they IPO’d went to zero. Good companies were dragged down with them: Cisco lost 86% of its market cap. Amazon stock fell from $107 to just $7.

A global recession kicked in within a year. Few who lived through it will forget it. The 2000 crash remains one of the defining features of modern economic life.

One of the more memorable characters from the dot-com boom was Kaleil Isaza Tuzman, founder of govWorks.com. He was the star of a D.A. Pennebaker documentary, “Startup.com,” which showed his struggle — and ultimate failure — to persuade local governments in the US to put their operations online so people could pay parking tickets on a website — a novel idea at the time.

Tuzman was back in the news this week when federal prosecutors in New York made a seventh arrest in an alleged market manipulation and securities fraud case involving another tech startup, KIT Digital. He has pleaded not guilty.

Of all the Kings of the Dot Com Bubble, Tuzman has probably fallen farther than most. (We’ll tell you what happened to him later in this article.)

https://static-ssl.businessinsider....70/screen_shot_2013-10-18_at_11.11.27_pm.jpeg


The staff at Razorfish, who threw an era-defining party in 1997.

At the same time, we thought it would be interesting to find out what happened to the other startup founders who defined an era of unparalleled ambition and excess.

These were the guys who declined to buy a new company called “Google” for $1 million because it seemed too expensive. The people who threw office parties at which transvestites served burgers from White Castle. The men who complained that the “Concorde was a bit cramped.”

It was a heck of a time.

Kaleil Isaza Tuzman’s govWorks was made into a movie, “Startup.com.” No one went to see it.

https://static-ssl.businessinsider....-a-movie-startupcom-no-one-went-to-see-it.jpg

Tuzman was one of the more famous, but least successful, entrepreneurs from the late 1990s. He left Goldman Sachs to start his own tech company, where he allowed a film crew to follow the creation, and bankruptcy, of his startup, govWorks Inc. The film, Startup.com, was a box office flop.

On paper, govWorks was a great idea — a website where people could go to pay parking tickets and get other local government services without having to physically go to the local courthouse.

But the company, which had over 250 employees at its height, burned through $60 million in venture capital and never made a dime.

Tuzman went on to become president of JumpTV, a start-up focused on foreign Internet Protocol Television content. The company raised $160 million in two public offerings in 2006 and 2007. Tuzman sold his stake and left the company.

And then …

Now he faces 20 years in prison after being extradited from a Colombian jail.

https://static-ssl.businessinsider....er-being-extradited-from-a-colombian-jail.jpg

Currently, Tuzman and several business associates he met years later are accused of false accounting methods to inflate the stock price of KIT Digital, a video advertising company.

After he was charged in 2015, Tuzman allegedly went on the run to Colombia, according to prosecutors, and was arrested in September of that year. He spent the next 11 months inside Colombia’s notorious La Picota prison, where he shared a cell with an accused murderer and a drug trafficker, according to Bloomberg. In July 2016 he was extradited to the US, where he is out on bail pending the trial.

He potentially faces 20 years in prison.

Joe Kraus’ eXcite got an offer to buy Google for $750,000, and passed.

https://static-ssl.businessinsider....offer-to-buy-google-for-750000-and-passed.jpg

The early search engine Excite (or “eXcite,” as it was styled) was founded in 1994 by a group of Stanford University students, including Kraus.

In 1999, Excite had a chance to buy Google, according to MinyanVille. But Excite’s George Bell deemed the $1 million asking price too high. Bell also declined a second offer to take Google for $750,000.

The company went through a complicated skein of mergers and financing, culminating in a deal in which @Home paid $7.2 billion for the company in 1999. By 2001, it was bankrupt.

Kraus now works at Google Ventures, where he is an investor. Bell sold his mobile-ad startup Jumptap to Millennial Media last year, and he’s now an investor at General Catalyst Partners.

Boo.com founder Ernst Malmsten once said, “After the pampered luxury of a Lear Jet 35, Concorde was a bit cramped.”

https://static-ssl.businessinsider....-a-lear-jet-35-concorde-was-a-bit-cramped.jpg

Fashion retail web site Boo.com launched in 1999. The company burned $135 million of venture capital in 18 months and went bankrupt in 2000.

Malmsten re-emerged in 2011 as CEO of luxury goods company Lara Bohinc.

Razorfish founders Craig Kanarick and Jeff Dachis threw a party at which — allegedly — transvestites served 4,000 White Castle burgers to guests.

https://static-ssl.businessinsider....erved-4000-white-castle-burgers-to-guests.jpg

The 1997 new office-warming party at digital ad agency Razorfish, which allegedly featured belly dancers and Krispy Kreme donuts (in addition to transvestites with burgers), is remembered as one of the defining excesses of the late 1990s. Two-thousand people attended. It cost the hosts $10,000 (a scandalous sum at the time). It’s safe to say the legend is probably more apocryphal than true.

Craig Kanarick and Jeff Dachis took their company through an IPO, raising $48 million in 1999. Razorfish was eventually acquired as part of a package by Microsoft and then later sold to Publicis Groupe for $530 million.

Dachis moved on to found Dachis Group, a social media analytics company, which has since been acquired by social relationship platform Sprinklr. Dachis serves as a senior adviser there.

Kanarick is now the cofounder and CEO of Mouth, “the leading online destination for indie food.”

The Globe.com’s Stephan Paternot was known as “the CEO in the plastic pants” after he was filmed in a nightclub saying, “Got the girl. Got the money. Now I’m ready to live a disgusting, frivolous life.”

https://static-ssl.businessinsider....ready-to-live-a-disgusting-frivolous-life.jpg

Cornell students Stephan Paternot and Todd Krizelman founded TheGlobe.com in 1994. It was a social network before social networks existed and offered essentially the same things that Facebook would later. But it made no money.

TheGlobe.com went public on Nov. 13, 1998, and posted the largest first day gain of any IPO in history, a 606% increase in price. Its market cap was $840 million. The stock collapsed the next year. Paternot cashed out only $1.5 million of his stock and lost more of that in an investment in UrbanFetch.

In 2010, Paternot founded Slated, a private marketplace for investors to back indie film projects. Krizelman currently runs MediaRadar, an advertising market research company.

Pets.com’s Greg McLemore raised $121 million from investors but lost money on every sale.

https://static-ssl.businessinsider....om-investors-but-lost-money-on-every-sale.jpg

Pets.com launched in August 1998. It became famous for the millions it spent on TV advertising with the Pets.com sock puppet. The company IPO-ed in February 2000 but was liquidated 268 days later.

In 2000, McLemore became a director of the International Arcade Museum. And he still runs WebMagic, a web start-up innovation firm.

Broadcast.com’s Mark Cuban created a company that flopped, but it left him a billionaire who now owns the Dallas Mavericks.

image: https://static-ssl.businessinsider....ionaire-who-now-owns-the-dallas-mavericks.jpg

Broadcast.com was founded to let people listen to radio broadcasts over the internet. In 1998, however, so few people had broadband access that few ever actually heard anything on the site.

In April 1999, Yahoo acquired the company for $5.7 billion, making Mark Cuban a lot of money. But the company never took off — and now it doesn’t exist at all.

Cuban has used his millions to buy the Dallas NBA franchise, and he remains an active investor, even appearing regularly on ABC’s “Shark Tank.”

GeoCities’ David Bohnett created the third-biggest site on the web.

image: https://static-ssl.businessinsider....created-the-third-biggest-site-on-the-web.jpg

Bohnett was one of the founders of GeoCities, which popularized the “home page” for individuals — a function largely usurped by Facebook a decade later. In the mid-1990s, however, it felt as if everyone on the web had a GeoCities page. Only Yahoo and AOL had more traffic than GeoCities at its height.

In January 1999, GeoCities was purchased by Yahoo for $3.57 billion. It was never clear whether GeoCities ever actually made money.

Today, Bohnett is a tech investor. He has a stake in Fab.com, through his fund Baroda Ventures, though that investment soured over the years. Fab no longer exists. He is also the vice chairman of the board of the Los Angeles Philharmonic Association and runs a social activism nonprofit called the David Bohnett Foundation.

Robert Levitan’s Flooz burned up to $35 million on ads featuring Whoopi Goldberg, but it turned out that actual dollars were more important than Flooz web credits.

image: https://static-ssl.businessinsider....ere-more-important-than-flooz-web-credits.jpg

Most people remember Flooz because of its confusing ads starring Whoopi Goldberg, which encouraged people to use an alternative form of credit on the internet, which they could earn via shopping at Flooz-affiliated merchants.

Flooz, however, was a flop and went bankrupt in 2001.

Levitan went on to found Pando networks, a peer-to-peer file sharing company that was acquired by Microsoft for $11 million last year. Now he is on the board of LiftForward, “an online financial platform for organizations and affinity groups.”

Joseph Park’s Kozmo was “the frothiest disaster of the first dotcom bubble,” according to Wired, and it burned $250 million. But, like a zombie, it has somehow come back to life.

image: https://static-ssl.businessinsider....a-zombie-it-has-somehow-come-back-to-life.jpg

Kozmo offered to deliver small grocery packages — booze, magazines, coffee — to your door free of charge. It was founded in 1998 and was out of business in 2001.

Bizarrely, Wired — which called it “the frothiest disaster of the first dotcom bubble” — reported in 2013 that it may relaunch, but we have yet to hear of a comeback.

Park later became president of BibleGateway.com, part of the Christian publishing unit of HarperCollins. He then became the CEO of Bluefly, a fashion shopping website, which was acquired by a PE firm. And then served as VP of global ecommerce of Forever 21. Now he is global chief ecommerce officer at Mattel.

Louis Borders tried the delivery thing in the 90s and failed, but now he’s back at it for round two.

image: https://static-ssl.businessinsider....iled-but-now-hes-back-at-it-for-round-two.jpg

After founding Borders Bookstores in 1971, Louis Borders gave delivery a shot with his online grocery business Webvan. He started it in 1999 but went bankrupt only two years after it IPO’d.

While he couldn’t figure out how to make online deliveries work in the 90s, Borders is not discouraged. He’s giving it another shot with a stealth startup called “Home Delivery Service,” which is listed on the site of Borders’ incubator Mercury Startups.

Seems like HDS is the Webvan 2.0. Let’s see if this decade offers a better reception.

Bonus FAIL! … Jim Edwards was the celebrity crime editor of APBnews.com’s. In 2000, went on vacation to Amsterdam, told his friends he was having the time of his life, and upon returning to New York learned his employer was bankrupt and he was out of job.

image: https://static-ssl.businessinsider....ployer-was-bankrupt-and-he-was-out-of-job.jpg

APB was founded by Mark Sauter and Marshall Davidson in 1998. The crime news service had $104 million in funding and 140 employees at its height, including two Pulitzer Prize winners.

In the summer of 2000, APB exhausted its funding and went dark. It had $7 million in debt and only $50,000 in the bank.

Edwards ended up at Business Insider, where he is currently the ‎founding editor of Business Insider U.K. APB’s most famous alumna is probably Michelle Gotthelf, the metro editor of the New York Post.

Sauter is now a managing director at Pickwick Capital Partners. Davidson is now operations manager at Avison Young in San Antonio.

Read more at http://www.businessinsider.sg/where...-com-bubble-bust-2016-12/#BF0uQCcgzl1RYqYp.99
 

tanwahtiu

Alfrescian
Loyal
bro, do you know why IT crashed in 2000?

Becos there is no tangible products to sell. IT before the crash was web site IT. More of news on sports, politics, porn and so on. IT before 2000 was on news you can read if America, Malaysia Singapore China and so on. Then came sports news and beauty news.

After the crash 2000, people are thinking there is no products no values for web site owners.

Then Paypal came in to provide secured online banking transactions between buyers and sellers and ebay followed started selling online.

In China Jack Ma pick up the tap and boomed.

In Facebook boom, it started with the Microsoft email technology httpRequest. This technology provides no need keep refresh to the servers for every page or link you clicked. It saves bandwidth usage and boomed. This is where the client-side codings and server-side coding technology comes in.

Many IT developer steal this httpRequest technology and microsoft give away this coding becos too many people to sue. So face book boomed.

What more IT history do you want to know after IT 2000 crashed ....

Want to know how Amazon become successful and use what new technology to make it work. The clue is scalable so that Amazon site will not crash if 10 million buyers buy from Amazon in 1 hr on the same day.

do you hear of website crashed today? overloaded with users? Yes, no.

I leave this part you do the research.


Want to know why Apple sells more iphones than they says in their biz plans 50,000 phones a year.

this is where the games coding technologies comes in. and boom many game developers become millionaires selling games in apple iphones.

Want to know which new technology Google used to become top search engine? boom again for Larry Page.

want to know who said internet must not be controlled by any organisation or governments?

Bernard Lee. so check this out yourself.


eat up your own words that Ma is overrated.

you dickhead.




jack ma is overrated,just another lucky chink in the right place at the right time in the right market.another overnight jackpot internet billionaire god knows there are how many of them.these billionaires appeared overnight simply from the sheer scale of their market,the internet...imagine say the tokyo real estate bubble in the 1980s,riding the wave like a tsunami,except this was the chinese internet ecommerce bubble which was like a nuclear explosion....all jack ma had to do was be number one in the market which he was from his early visions of setting up a internet company in china when the rest of china was still in lala land......u know theres a saying in business or wall street,either u be the first,or be better or play dirty.

.like those who watch ted talks,people who know nothing about nothing about business or build a real empire from brick and mortar.....jeff bezos however is the exception and the true genius.....all his interviews are brilliant....just listening to him speak pure ecstasy......his journey a long and difficult one spanning more than fifteen years as his company waxed and waned after the 2000 tech bubble burst falling from a high of 100 bucks to a low of 5 bucks as it struggled to survive for many years,before growing into the behemoth it is today more than 300 billion in market cap....jeff bezos is a genius at seeking out niches and growing markets where there is none....the amazing amount of innovations and services amazon has come up with.....his vision is ultra long term,he plans for the ultra long term.....he runs his business as though it will never die....till today his massive 300 bil dollar company generates almost no profit even though its revenues is 107 billion,all his resources is channeled towards growth and R&D and innovations and constant expansion and tens of pet projects under incubation.the man doesnt care about profits,he is building an entity.

what the fuck did jack ma do?nothing except the fucking golden egg falling into his lap.that man dont even know jack shit about computers or building empires like li ka shing.....just another internet billionaire.....theres another overrated internet billionaire too but i wont name names....

now moving on,heres a video of a real deal.....
 
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frenchbriefs

Alfrescian (Inf)
Asset
bro, do you know why IT crashed in 2000?

Becos there is no tangible products to sell. IT before the crash was web site IT. More of news on sports, politics, porn and so on. IT before 2000 was on news you can read if America, Malaysia Singapore China and so on. Then came sports news and beauty news.

After the crash 2000, people are thinking there is no products no values for web site owners.

Then Paypal came in to provide secured online banking transactions between buyers and sellers and ebay followed started selling online.

In China Jack Ma pick up the tap and boomed.

In Facebook boom, it started with the Microsoft email technology httpRequest. This technology provides no need keep refresh to the servers for every page or link you clicked. It saves bandwidth usage and boomed. This is where the client-side codings and server-side coding technology comes in.

Many IT developer steal this httpRequest technology and microsoft give away this coding becos too many people to sue. So face book boomed.

What more IT history do you want to know after IT 2000 crashed ....

Want to know how Amazon become successful and use what new technology to make it work. The clue is scalable so that Amazon site will not crash if 10 million buyers buy from Amazon in 1 hr on the same day.

do you hear of website crashed today? overloaded with users? Yes, no.

I leave this part you do the research.


Want to know why Apple sells more iphones than they says in their biz plans 50,000 phones a year.

this is where the games coding technologies comes in. and boom many game developers become millionaires selling games in apple iphones.

Want to know which new technology Google used to become top search engine? boom again for Larry Page.

yes of course i know why the tech market crashed,its all based on hype and bullshit.....even today i still think 90 percent of tech companies are overrated and full of shit.......tech companies valuations are not based on traditional market metrics......things like revenues,profits,margins,cashflow etc.....tech companies are evaluated based on things like traffic,number of users,eyeballs or ur imagination etc etc......in other words build a website or internet company or social networking crap or some app with 100,000 users or 1 million and u can have the next internet empire in ur hands,venture capitalists will come knocking on ur door throwing millions or even billions or dollars at u.......all these fuckers and fuckeroos becoming filthy rich millionaires and billionaires overnight......even though their companies are complete garbage and revenues are non existent....and the VCs and owners know the ipos and stock market will make them filthy rich.......the tech industry is like a giant bubble made up hundreds of smaller different bubbles....

Paypal invented by peter thiel and elon musk.

u mentioned facebook.....before that there was myspace,friendster and Bebo......Bebo was sold for $850 million,at its peak it had 10 million users and number one in UK....where is it today?nobody knows it existed.....i dont even know until i saw a documentary about it.

yahoo broadcast.com anyone remember it,used to listen to it on the shitty dialup internet or adsl back in 2002 or 2003 when i was a teen,it was bought from mark cuban for $5.6 billion in 2000 right before the crash.......by 2005 it was obsolete and cease to exist.how the fuck does a 5 billion dollar company disappear overnight?only in the internet world....if i was a real company,a brick and mortal company in the real world worth 5 billion,do u know how many stores how many outlets and factories and offices i would have to close down in order to bankrupt a 5 billion dollar company?boston pizza 500 million dollar company,342 stores.......office depot 2.3 billion dollar company,1912 outlets worldwide.

amazon only exist today because of its brilliant owner jeff bezos......out of all the dot com bubble start ups,how many of them do u know exist today?and amazon is one of the only handful.......using selling books online and ebook as a launching pad,amazon has expanded from one niche into so many different niche.jack ma is lucky he found the perfect business model,the chinese ecommerce market,the biggest market in the history of the universe.he simply walked right into it,while jeff bezos struggled for survival and build his empire from the ground up.

anyway thats just the 2000 tech bubble crash.......after that there were still plenty of tech companies going boom and bust even today many of the tech companies u see are highly questionable........take elon musk for example,even though he is my idol........his companies looks dangerously overhyped and overstretched..........people just love the promise of something new or game changing.....unfortunately that is the stuff bubbles are made of.
 
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frenchbriefs

Alfrescian (Inf)
Asset
This chink speaks better English than 99% of his sinkie counterparts. This despite the fact that sinkies are supposed to be 'English educated".

well he is the ceo of the company,u would expect the face and chief of public relations to at least speak "goode" english.
 

tanwahtiu

Alfrescian
Loyal
you got many points correct.


yes of course i know why the tech market crashed,its all based on hype and bullshit.....even today i still think 90 percent of tech companies are overrated and full of shit.......tech companies valuations are not based on traditional market metrics......things like revenues,profits,margins,cashflow etc.....tech companies are evaluated based on things like traffic,number of users,eyeballs or ur imagination etc etc......in other words build a website or internet company or social networking crap or some app with 100,000 users or 1 million and u can have the next internet empire in ur hands,venture capitalists will come knocking on ur door throwing millions or even billions or dollars at u.......all these fuckers and fuckeroos becoming filthy rich millionaires and billionaires overnight......even though their companies are complete garbage and revenues are non existent....and the VCs and owners know the ipos and stock market will make them filthy rich.......the tech industry is like a giant bubble made up hundreds of smaller different bubbles....

Paypal invented by peter thiel and elon musk.

u mentioned facebook.....before that there was myspace,friendster and Bebo......Bebo was sold for $850 million,at its peak it had 10 million users and number one in UK....where is it today?nobody knows it existed.....i dont even know until i saw a documentary about it.

Facebook has products to sell and exceeded 500 million users. So it boomed. Advertising revenue boomed.


yahoo broadcast.com anyone remember it,used to listen to it on the shitty dialup internet or adsl back in 2002 or 2003 when i was a teen,it was bought from mark cuban for $5.6 billion in 2000 right before the crash.......by 2005 it was obsolete and cease to exist.how the fuck does a 5 billion dollar company disappear overnight?only in the internet world....if i was a real company,a brick and mortal company in the real world worth 5 billion,do u know how many stores how many outlets and factories and offices i would have to close down in order to bankrupt a 5 billion dollar company?boston pizza 500 million dollar company,342 stores.......office depot 2.3 billion dollar company,1912 outlets worldwide.

like I said those were the websites with no tangible products to sell. Those websites based on technology clicks counts and when investors sells no revenues and profits they withdraw finally IT crashed.

Reform is needed.


amazon only exist today because of its brilliant owner jeff bezos......out of all the dot com bubble start ups,how many of them do u know exist today?and amazon is one of the only handful.......using selling books online and ebook as a launching pad,amazon has expanded from one niche into so many different niche.jack ma is lucky he found the perfect business model,the chinese ecommerce market,the biggest market in the history of the universe.he simply walked right into it,while jeff bezos struggled for survival and build his empire from the ground up.

You agree Jack Ma was lucky but not

anyway thats just the 2000 tech bubble crash.......after that there were still plenty of tech companies going boom and bust even today many of the tech companies u see are highly questionable........take elon musk for example,even though he is my idol........his companies looks dangerously overhyped and overstretched..........people just love the promise of something new or game changing.....unfortunately that is the stuff bubbles are made of.
 

scroobal

Alfrescian
Loyal
Most people despite their accent have better grammar and vocabulary than Singaporeans. Europeans whose first language is not English speak in a halting manner but they are correct in the use of English.

PRC Chinese are no different . This is what PAP has done to our education system. There was lecturer in Nanyang who was transferred to NUS and he was considered a polyglot who spoke 8 languages, most of them was European, and his English was horrendous, and he grew up in Singapore.

This chink speaks better English than 99% of his sinkie counterparts. This despite the fact that sinkies are supposed to be 'English educated".
 
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