IPO Flops of the Dot-Com Days
The escalating price of buyouts and the valuations of recent IPOs have plenty of people worried we're in - or approaching - another tech bubble. Experts are divided on how accurate those fears are, but there's no denying the implosion that occurred around the turn of the century. The first tech bubble saw ridiculous levels of spending - from both executives and venture capitalists - and it was only a matter of time before investors hopped on that bandwagon. A lot of those shareholders ended up losing their shirts when the bubble burst, though many would confess that the investment decisions they made at the time were hardly prudent. Here are some of the most infamous flops of the era.
By Chris Morris