Dot.Con: The Greatest Story Ever Sold

3.75 avg rating
( 200 ratings by GoodReads )
 
9780060008802: Dot.Con: The Greatest Story Ever Sold

When Vannevar Bush, Franklin D. Roosevelt's chief scientific adviser, sat down in 1945 to write a magazine article about the future, he had no idea what he was beginning. Bush's vision of a desktop computer that would contain all of human knowledge inspired the scientists who built the Internet. In the early 1990s, when a British computer programmer devised the World Wide Web and an Illinois student invented an easy-to-use Web browser, the Internet was transformed from a scientific curiosity into the biggest gold rush since the Klondike.

In Dot.con, John Cassidy, one of the country's leading financial journalists and a staff writer at the New Yorker, relates the stories of Netscape, Yahoo!, America Online, Amazon.com, and other Internet companies, large and small. In a lively and entertaining narrative, Cassidy traces the rise of Internet stocks and the development of a populist stock market culture to the end of the Cold War. He shows how an unscrupulous alliance of entrepreneurs such as Jeff Bezos, venture capitalists such as John Doerr, stock analysts such as Mary Meeker, and investment bankers such as Frank Quattrone helped turn an exciting technological development into an unstable and dangerous speculative bubble.

Cassidy doesn't restrict his attention to Silicon Valley and Wall Street. He demonstrates how many prominent journalists and policy makers helped to expand and prolong the bubble, particularly Alan Greenspan, the chairman of the Federal Reserve.

But in the end, Cassidy concludes, responsibility for the Internet boom and bust cannot be placed on any one individual. It was a nationwide epizootic that involved tens of millions of Americans. And now that it is over, the country as a whole is paying a heavy price for succumbing to greed and wishful thinking. An artful blend of storytelling, history, and economics, Dot.con provides the first complete and authoritative account of the biggest financial story of the modern era.

"synopsis" may belong to another edition of this title.

Review:

John Cassidy’s Dot.con is the most sweeping and definitive assessment published thus far of the stock market mania that swept this country in the late 1990s. Cassidy, who covers economics and finance for The New Yorker, finds many seeds for the boom: Vannevar Bush’s “memex” machine, the “intellectual forerunner of the World Wide Web”; increasing popularity of 401(k)s and IRAs, which introduced millions of Americans to the equity markets, giving rise to a “stock market culture"; and the attention and hype in the late '80s and early '90s surrounding the “information superhighway” promoted by the likes of Al Gore, Newt Gingrich, and Nicholas Negroponte. When Netscape went public in 1995, the Internet mania began a five-year run that was fueled in part by the media, the policies promoted by Alan Greenspan and the Federal Reserve, the rise of day trading, and the deluge of IPOs brought to market by firms such as Morgan Stanley and Merrill Lynch and their analyst cheerleaders Mary Meeker and Henry Blodget. For anyone who got caught up in the mania and foundered in its eventual crash, Dot.con is a bittersweet trip down memory lane that Cassidy captures just perfectly. Highly recommended. --Harry C. Edwards

About the Author:

John Cassidy, one of the country's leading business journalists, has been a staff writer at the New Yorker for six years, covering economics and finance. Previously he was business editor of the Sunday Times (London) and deputy editor of the New York Post. He lives in New York.

"About this title" may belong to another edition of this title.

Top Search Results from the AbeBooks Marketplace

1.

Cassidy, John
ISBN 10: 0060008806 ISBN 13: 9780060008802
New Quantity Available: 1
Seller
Castle Rock
(Pittsford, NY, U.S.A.)
Rating
[?]

Book Description Book Condition: Brand New. Book Condition: Brand New. Bookseller Inventory # 97800600088021.0

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 14.85
Convert Currency

Add to Basket

Shipping: US$ 3.99
Within U.S.A.
Destination, Rates & Speeds

2.

Cassidy, John
Published by Harper
ISBN 10: 0060008806 ISBN 13: 9780060008802
New Hardcover Quantity Available: 1
Seller
M and N Media
(Acworth, GA, U.S.A.)
Rating
[?]

Book Description Harper. Hardcover. Book Condition: New. 0060008806 We guarantee all of our items - customer service and satisfaction are our top priorities. Please allow 4 - 14 business days for Standard shipping, within the US. Bookseller Inventory # TM-0060008806

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 23.57
Convert Currency

Add to Basket

Shipping: US$ 3.99
Within U.S.A.
Destination, Rates & Speeds

3.

Cassidy, John
Published by Harper (2002)
ISBN 10: 0060008806 ISBN 13: 9780060008802
New Hardcover Quantity Available: 1
Seller
Irish Booksellers
(Rumford, ME, U.S.A.)
Rating
[?]

Book Description Harper, 2002. Hardcover. Book Condition: New. book. Bookseller Inventory # 0060008806

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 34.63
Convert Currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, Rates & Speeds

4.

Cassidy, John
Published by Harper (2002)
ISBN 10: 0060008806 ISBN 13: 9780060008802
New Hardcover Quantity Available: 3
Seller
Murray Media
(North Miami Beach, FL, U.S.A.)
Rating
[?]

Book Description Harper, 2002. Hardcover. Book Condition: New. Bookseller Inventory # P110060008806

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 50.55
Convert Currency

Add to Basket

Shipping: US$ 2.99
Within U.S.A.
Destination, Rates & Speeds

5.

Cassidy, John
Published by Harper
ISBN 10: 0060008806 ISBN 13: 9780060008802
New Hardcover Quantity Available: 1
Seller
Cloud 9 Books
(West Palm Beach, FL, U.S.A.)
Rating
[?]

Book Description Harper. Hardcover. Book Condition: New. 0060008806 New Condition. Bookseller Inventory # NEW6.0010877

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 59.99
Convert Currency

Add to Basket

Shipping: US$ 4.99
Within U.S.A.
Destination, Rates & Speeds