Tech Fail Forecast: Bursting The Next Bubble - InformationWeek

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IoT
IoT
IT Leadership // Digital Business
News
12/28/2015
07:06 AM
Jim Nash
Jim Nash
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Tech Fail Forecast: Bursting The Next Bubble

Fifteen years after the dot-com bubble burst, industry pundits are calling out similar signs of froth in the current tech boom. Here are nine tech ideas, products, excesses, and business models that we expect to look back on in 15 years and ask: "What were we thinking?"
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Unlearned Lesson No. 1
Oh, the drudgery of having to put profit on par with growth. As in 2000 (though to a lesser extent), the clear priority is growth. You'd think we would have learned this lesson by now. 
'If you're losing money on each shoe-of-the-month-club subscriber you sign up, what good does scale really do for you?' asked Eric M. Jackson, CEO of cloud-based business-transaction services firm Caplinked in an interview. That would have been a good question to ponder at eToys, one of the biggest dot-com flameouts. It won with eyes and perished on sales.
(Image: eToys via Scripophily)

Unlearned Lesson No. 1

Oh, the drudgery of having to put profit on par with growth. As in 2000 (though to a lesser extent), the clear priority is growth. You'd think we would have learned this lesson by now.

"If you're losing money on each shoe-of-the-month-club subscriber you sign up, what good does scale really do for you?" asked Eric M. Jackson, CEO of cloud-based business-transaction services firm Caplinked in an interview. That would have been a good question to ponder at eToys, one of the biggest dot-com flameouts. It won with eyes and perished on sales.

(Image: eToys via Scripophily)

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