Mar 31 2025 31 mins
Show Notes Episode 487: Trade You Three Beenz for a Flooz
This week Host Dave Bledsoe offers to trade the bartender stock options in his internet start up Beer Me only to have his IPO flop badly. (Again) On the show this week we head back the heady days of the late 90’s when everyone had an internet startup ready to fail, the Dot Com Bubble!
Along the way we are reminded why you should never take financial advice from a podcast host. (Particularly a drunk who doesn’t host a finance podcast) Then we dive right into what it took to turn the internet from an open forum dedicated to the sharing of knowledge and ideas into the cesspool of hate, conspiracy and commercialism that is it today! (Hint: Money.) Then we chart the rise and fall of a generation of dot coms as they grew from tiny venture capital funded stupid ideas into giant stock financed stupid ideas! (That’s capitalism baby!)
Our Sponsor this week is BadIdea.com, if you have a stupid idea, we will give you money for it! We open with news footage of the stock market crashing and close with Wyatt McCubbin explaining what happens when the stock market crashes.
Show Theme: Hypnostate Prelude to Common Sense
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Closing Music: https://youtu.be/jlR_g0k6jdo?si=DSdGI8O0zxYo5MsY
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Citations Needed:
What Was the First Thing Sold on the Internet?
https://www.smithsonianmag.com/smart-news/what-was-first-thing-sold-internet-180957414/
17 Companies That Failed During the Dot-Com Bubble: What Can They Teach Us About the NFT Market?
What Was the Dot-Com Bubble & Why Did It Burst?
https://www.thestreet.com/dictionary/dot-com-bubble-and-burst
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