JonRoig.com | Posted: 2002-10-29 09:26:43 | 5456 hits | View in Hi-Fi Mode
I saw data that suggested something like 80% dotcoms actually did survive -- albeit in slimmed down form. The ones I worked for are still around. In fact, WebMD has begun expanding again.
Job sites exist becuase they make money.... and let's face it -- they've fundamentally changed the way most people look for work in the US.
Speaking generally, a lot of people got into IT during the mid-to-late 90's when just about anyone could get work doing something with computers. I'm actually a good example of that -- I went from running copy machines to oversee online events at a major site in one giant step. That said, yes... a lot of people came in with no applicable skills and left without much more.
As the recent spate of business scandals have shown us, there were a lot of charlatans out there sucking up available capital for vastly-overpriced projects. I'm sure everybody has heard stories -- they know a company that paid 80 grand for a barely functional shopping cart, things like that.
Anyway, the economic downturn has started to separate the wheat from the chaff, at least somewhat.
- jon @ 2003-01-16 18:06:42
The thing that I find amazing is how many of the Post Dot com companies continue to exist. Certainly there are winners but some of the ones I'm speaking of are the many different recruitment sites.
In my opinion many of them continue to proliferate by using techniques that spawn false hope for the IT market in general. With an overabundace of qualified and not guru's out there what are they fishing for. That is how someone put it to me the other day.
Is it simply that the general population and their data carry that much value? Can you provide any insight into that?
- eLGie @ 2003-01-13 00:18:29
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