2000 Dot Com Crash with Davnet and NTT
Where were you when the Dot Com Boom 2000 was on ???? I was over at Marconi living what I have since found out, a relatively sheltered existence. While company’s share prices soared and people were out selling million dollar deals based on something that didn't exist, people were queuing to give 20 year old entrepreneur their money, money that they had saved for 20 years. I was still doing infrastructure to conservative companies that wanted to see a ROI (return on investment) for anything purchased. On my return as most of you know I have joined NTT which was formed on the basis of one of these companies that reached to the Internet Sky and beyond, ending up in space, figuratively at least. Once upon a time there was guy down in Melbourne whose dad ran an interior design company. Steve, the son, had a great idea in 1994 to start wiring up buildings with Ethernet in order to provide fast Internet access to tenants. He borrowed $100,000 from Dad and hit t...