I thought we might look back in time to the great DOT COM bust with this very cool infographic from VisualEconomics that shows 14 of the biggest dot com business fails. While the chart is very basic, it was crazy to see the money pored into dot com businesses and how quickly it was blown!
One of the the biggest was GO.com with 790 million in funding burned in 3 years. Funily enough, it was actually a Disney owned webportal and even worked to pioneer online chat rooms to no avail. Another was WebVan.com which managed to burn 800 million in 1.5 years on a business that was set to revolutionize grocery shopping, customers were reported to be very happy with the service, but they just couldn’t find enough of them!