Feeds

Boo.com tops 100 e-business list

Dumb, dumber, dumbest

  • alert
  • submit to reddit

Internet Security Threat Report 2014

Boo.com - the fashionably chic failed dotcom that blew a whopping £178 million - has headed a list of the 100 "Dumbest Moments in e-Business History".

Compiled by the new economy-focused magazine ecompany.com, boo.com's top slot epitomises all that is wrong with the dotcom world. It's failure is based on unrivalled extravagance and excess, poor management and a desire to ignore any form of business or common sense.

Indeed, ecompany.com's contempt for boo.com is such that it traces the story back to its very beginning in 1970 when founders Kajsa Leander and Ernst Malmsten were born.

The list includes other gems including, at number 9, how a town in Oregon changed its name to Half.com to "promote the e-tailer of secondhand books, music, and videos."

And this cracker (13) from actress Melanie Griffith, founder of MelanieGriffith.com, who told Paper Magazine: "I don't care if people think I'm a dumb blond or stupid or an overage actress or over the hill. I don't care because I'm gonna have a very successful Internet company, and I'm gonna have $100 million in the bank and I don't really give a shit what anybody thinks!"

At 14, ecompany.com quotes this from the prospectus of Buy.com: "We sell a substantial portion of our products at very low prices. As a result, we have extremely low and sometimes negative gross margins on our product sales."

And at 35, there's the tale of an outfit that paid $7.5 million for the domain name Business.com. The proud new owner told Internet World: "It is going to be the bargain of the century. It is going to look like we bought the island of Manhattan for $7.5 million and some beads."

Flicking through this list is like living the last three years all over again but in just ten minutes. It certainly brings those happy, happy memories flooding back... ®

Related Links

Boo! And the 100 Other Dumbest Moments in e-Business History

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
In the next four weeks, 100 people will decide the future of the web
While America tucks into Thanksgiving turkey, the world will be taking over the net
Microsoft EU warns: If you have ties to the US, Feds can get your data
European corps can't afford to get complacent while American Big Biz battles Uncle Sam
prev story

Whitepapers

Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.