Fresh cut MBAs / 12% / 98 votes
Venture Capitalists / 25% / 209 votes
The Media / 13% / 107 votes
Wall Street/Day Traders / 20% / 169 votes
The Government / 6% / 49 votes
Someone Else / 7% / 56 votes
Techdirt / 8% / 63 votes
What Bubble? / 10% / 83 votes
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No Subject Given
same thing that cause the bubble to INFLATE caused it to deflate.
Self fuelling fire.;
People wanted internet stocks.
ANY interent stock
so VC's and ibanks made more
lots more.
1) make a comapny
2) go IPO
3) retire
once all the buyers were in, and people realized they were fake companies,,,people sold the stock.
insiders sold their also, this money from thin air
self fuelling the other way
why fund a comapny when stock is worth piss?
they dont
funding spigot turned off
firms run out of cash
stocks crash more
etc etc
it was a historic period of US history
eclipsed the gold rush,
No Subject Given
Alternative answer A: "reality"
Alternative answer B: "better question: who was to blame for the bubble in the first place?"
These choices are bullshit.
Employees of Internet companies ought to be shouldering collective guilt for a lot of what's happened. You can blame Wall Street, or your management, all you want. At the end of the day, though, anyone with a brain should have been looking for employment outside the bubble from the word go. I look at the recockulous ideas for dot.com companies that have been spewed out by various members of the "digerati" (read: flakes) over the past five years, and I wonder why any competent person thought any of them were a good idea. Not quite 5% of the dot.com companies I've encountered impress me as having business models based within the bounds of reality.
So stop blaming Wall Street. You are getting laid off right now because you let yourself get suckered.
And if you are going to talk about Wall Street, please be specific. I put the blame for the fall on dot.commers themselves, but if you want to look at market trends, it's the mutual fund managers and their kin who're to blame for the precipitous drops. When some manager dumps kajillions of shares of tech stocks because she's bearish on the Net that day, it creates a singularity from which not even well-run copmanies can escape.
Why Blame your Partner?
Why blame your partner?
I am amazed, and somewhat concerned that this poll reflects an effort to blame the “Money Partner”? We all have seen the “Business Plan”, you know, the one that can’t fail. Has anyone ever seen a business plan that would suggest potential failure (not including the mandatory SEC garble)? I can’t remember ever seeing a pro-forma that wasn’t at least 60% B---S---. I find it incredible, that some would try to blame the only individual “not” involved in the pro-forma process. I say God Bless Venture Capitalist! If blame assignment has to be part of your daily activities, then you should probably pay more attention to the “Over Hype” & “Typical Misrepresentation/Confusion” our media is consistently responsible for. As for Wall Street ~ “you get what you pay for”.
Christopher M. Strehl
President/CEO Versus Ltd.
www.Versusltd.com
Someone Else
Yo mama is responsible :)
Bush Bullsh!t
It is an unbelievable considence that the time the bubble burst was the same time that Bush and his republican crooks stole the whitehouse, and talked down the economy. . . I think not, there was no cosidence, it WAS Bush and his consivertave nazi fascist cronies that took a sledgehammer to the economy.
bubble burst
Interesting question, 'who' is responsible. It was NOT a who it was an activity that was responsible. When companies buy stuff from other companies and do not have clear guidelines/proof on what the stuff WILL be used for to benefit the consumer you see the adverse result. There was not enough proof demonstrated.
No Subject Given
greedy investors
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