J. David Kuo had a ringside seat at one of the biggest busts of the Internet age. Value America (NASDAQ: VUSA) was supposed to revolutionize retailing by using the Internet -- no more retailers or distributors needed. Fred Smith, legendary founder of Federal Express, called it the best business model he'd ever seen and invested millions of dollars. In a few short years, the company raised and spent hundreds of millions of dollars before a spectacular crash. As Senior Vice President of Communications, Kuo saw the stupefying insanity of it all: the machinations, delusions, good efforts, and wild miscalculations that led to the company's demise. Writing with a liveliness and flair seldom seen in business narratives, Kuo brings us tales of wretched excess, inspired salesmanship, online dreams, and unmitigated moneygrabbing. This is an unforgettable story of Internet mania that everyone who ever invested in a tech stock will be dying to read.
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"I love accounts of people who are deluding themselves and this is a perfect example. Really recreates the atmosphere of the doomed turn-of-the-century dot.com boom. My only problem with it is the constant mention of the author's height and ethnicity." — Gavin (5 out of 5 stars)
"I love accounts of people who are deluding themselves and this is a perfect example. Really recreates the atmosphere of the doomed turn-of-the-century dot.com boom. My only problem with it is the constant mention of the author's height and ethnicity."
" remember the internet bubble? i made like $90 in PALM stock. then i lost it. then this book came out telling me how people made and lost a lot more than $90. i still want to start an internet company. "
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