Highlights from the FuckedCompany.com site (the dot-com deadpool))B2B = business-to-businessVC = Venture capitalistsFuckedCompany.com Top 100 Point Scoring Users (Documenting what must have been the bleeding obvious that was never reported in the mainstream media - until it was old news???!!!)
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Background article:
http://www.usatoday.com/life/cyber/invest/in954.htm
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http://www.fuckedcompany.com/archives/index.cfm?startrow=61 Cows have testicles Nutrition.com Not really a fuck, but funny nonetheless. "Could there be cow testicles in your herbal supplement" Cows are female, right? When: 8/4/2000 Company: Nutrition.com Points: 101 http://www.fuckedcompany.com/archives/index.cfm?startrow=531 Oh god, make it stop Flake.com Flake.com was a portal for breakfast cereal. I don't think you heard me. FLAKE.COM WAS A PORTAL FOR BREAKFAST CEREAL. I like breakfast cereal like the next guy, but sites like these make me so angry - not to mention VCs who support crap like this. "I'm discouraged, and I'm essentially broke" says the founder. When: 6/16/2000 Company: Flake.com Points: 200 http://www.fuckedcompany.com/archives/index.cfm?startrow=541 The best press release ever USDI Official press release: "All of the directors and officers of U.S. Digital Communications, Inc. (OTC Bulletin Board: USDI) have resigned, effective immediately. Presently the company has no employees, officers, or directors. The corporation has no assets, no revenues, and no money to continue in business. In addition, the corporation does not have the capability to transact business in the future." When: 6/16/2000 Company: USDI Points: 200 http://www.fuckedcompany.com/archives/index.cfm?startrow=541 Stealth-fuck egreetings.com You don't hear too much bad news about these guys. But I do. Apparently Egreetings.com has been experiencing a mass exodus -- including more than half their engineering department and most of marketing. The best part is that they actually threw a "Thanks for not quitting party" for the remaining employees. When: 6/16/2000 Company: egreetings.com Points: 145 Spike founders ousted; company in ruins Spike.com.au & SpikeRadio.com At 1pm, Spike announced that he [the CEO] had resigned because of failing health. But an investigation by the Herald has discovered that he was forced out. A bold expansion into the United States market had faltered. Mr O'Hanlon also left behind a sexual harassment claim, a mistress who allegedly stole $US53,000 from the company, and extravagant spending, including a $US267,000 launch party for Spike's online radio station, SpikeRadio.com. When: 6/11/2000 Company: Spike.com.au & SpikeRadio.com Points: 145 http://www.fuckedcompany.com/archives/index.cfm?startrow=641 These guys define hubris IAM.com Already having legal problems, these guys define hubris. They are completely blinded by their arrogance, and I predict a fairly swift demise. When: 6/7/2000 Company: IAM.com Points: 110 http://www.fuckedcompany.com/archives/index.cfm?startrow=561 eBay buying Half.com ebay.com Okay, nobody is really fucked (more than normal) here. But half.com?? This is the company that paid a toothless Oregon town to rename itself to "Half.com, Oregon". When: 6/15/2000 Company: ebay.com Points: 100 http://www.fuckedcompany.com/archives/index.cfm?startrow=581 JP Morgan Site Disconnected JP Morgan They forgot to pay the $35 Network Solutions bill for the jpmorgan.com domain name. Umm, so, yeah. I don't think you heard me. JP Morgan forgot to pay the $35 bill for their domain name. When: 6/14/2000 Company: JP Morgan Points: 101 Employees Jump Ship as Legal Portal Sinks LawStreet.com Don't sue me, I didn't write it. But somebody did. And I'm not sure if it's true or not. But here it is: After laying off alot of pople, others started to jump ship - screaming "FIRE" along the way. They are now down to something like 8 employees and have stopped buying toner for the laser printer and stopped ordering bottled water. Yet, they are going out and trying to "make deals" with unknowing strategic partners, making false statements about their financial backing and their business model. When: 6/14/2000 Company: LawStreet.com Points: 120 http://www.fuckedcompany.com/archives/index.cfm?startrow=591 Recording Industry Seeks Immediate Shutdown Napster Yes, we all love it. But let's be honest -- they're fucked. The recording industry has asked a federal court judge for a preliminary injunction to shut down Napster as part of its lawsuit against the popular Internet song-sharing service. When: 6/14/2000 Company: Napster Points: 171 http://www.fuckedcompany.com/archives/index.cfm?startrow=541 Another Dirtbag Bites the Dust moodycommunications.com Rumor: This is NOT a real press release, but it tells a story. Apparently the New York Times and countless other vendors can confirm it. The fact that they are trying to get $750 out of their domain name is truly the most pathetic thing I've seen in a very long time. When: 6/15/2000 Company: moodycommunications.com Points: 200 http://www.fuckedcompany.com/archives/index.cfm?startrow=531 Employees Flee www.workexchange.com Rumor: In the last 3 months, the CEO, CTO, Two Directors of Business Development, The Hr Manager, The Creative Director, The Office Manager, The Customer Care Director have fled to other companies. After all that, someone else joined on as CEO. If someone wants to piolt the titanic, who can stop them? When: 6/16/2000 Company: www.workexchange.com Points: 182 http://www.fuckedcompany.com/archives/index.cfm?startrow=481 Ariba, ariba yupi.com Yupi.com, a major spanish portal based on Miami Beach, has let go a dozen staffers. Chief Executive Oscar Con says that was part of a restructuring, not cost cutting. Funny how all these dot-coms decided to "restructure" at pretty much the same time... When: 6/20/2000 Company: yupi.com Points: 143 http://www.fuckedcompany.com/archives/index.cfm?startrow=671 Ask Jeeves Searching For Answers Ask Jeeves Ask Jeeves announced Wednesday that Ted Briscoe will be resigning as COO to become CEO of a private start-up. CEO Robert Wrubel predicted one year ago this month that Ask Jeeves would become profitable within 24 months. Given the Q1 loss of $47 million, that's just not going to happen. When: 5/31/2000 Company: Ask Jeeves Points: 140 http://www.fuckedcompany.com/ Excellent HahahahaHAHAHAHAHHHHA Hahahahahahaha hahahAHAhahaha hahAHAHAHaha hahahahahah ahha HA HA HA HA HAH!!!!!!!!!!!! Network Commerce sent a memo to vendors explaining that 10% of their pay will be in "UBarter Dollars". HAHAHAHAHAahaha. okay done. When: 8/16/2000 Company: Network Commerce Severity: 15 Points: 115 http://www.fuckedcompany.com/archives/index.cfm?startrow=491 Things are ugly at BeautyJungle.com BeautyJungle.com Word on the street is that Beautyjungle.com is doin' that wacky new dance all the kids are doin' these days, "The layoff get-the-fuck-out cha-cha." When: 6/20/2000 Company: BeautyJungle.com Points: 126 http://www.fuckedcompany.com/archives/index.cfm?startrow=511 AltaVista employees searching for jobs altavista.com AltaVista has laid off over 50 employees. "Frankly, my view is the Internet industry, the craze around the Internet, ultimately caused unhealthy behavior," said AltaVista chief executive Rod Schrock. Couln't have said it better myself. When: 6/19/2000 Company: altavista.com Points: 119 http://www.fuckedcompany.com/archives/search.cfm?search=rumor Munching carpet Carpet.com Rumor has it that Carpet.com was purchased by a few clowns wishing to bring flooring to the masses. After spending $500,000 on the domain name, the idea languished. The site was up for about 1 week in July and has been down ever since. When: 8/14/2000 Company: Carpet.com Points: 120 Screw the peace corps -- I'm gonna be a sys admin TalkCity.com Rumor has it that 35 were fired and contractors were welcomed and encouraged to stay working as volunteers -- because it's so fun to work and not get paid. When: 7/24/2000 Company: TalkCity.com Points: 167 |
http://www.fuckedcompany.com/archives/index.cfm?startrow=521 Somerfield shuts down online shop somerfield.co.uk British supermarket chain Somerfield announces it is shutting down its 9-month-old online shopping service on June 25. 228 jobs will be "affected". (what does that mean, Daddy?) When: 6/19/2000 Company: somerfield.co.uk Points: 200 http://www.fuckedcompany.com/archives/index.cfm?startrow=511 My fuck-detector (modified spidey-sense) is going crazy craft.com Craft.com has discontinued all benefit programs including coupons, shopping credits, introductory free shipping, and more. As a special added bonus, the site is down as I write this... When: 6/19/2000 Company: craft.com Points: 175 We don't need no stinkin marketing zland.com Rumor has it that the entire marketing department was let go today. No severance pay. When: 7/18/2000 Company: zland.com Points: 170 Wife beater dot-com myweddingplans.com MyWeddingPlans.com is a site that you are supposed to rely on to help plan your wedding. The site has been down for quite a while and the telephone is disconnected, leaving many brides with valuable information lost and many weddings disorganized. This should serve as a warning not to rely too much on a fucked company. Tough love. When: 7/18/2000 Company: myweddingplans.com Points: 195 http://www.fuckedcompany.com/archives/index.cfm?startrow=441 Linuxcare withdraws IPO Linuxcare Linuxcare, provider of services for the Linux operating system, requested that its planned initial public offering to net approximately $56.6 million be withdrawn. "Market conditions..." When: 6/22/2000 Company: Linuxcare Points: 134 http://www.fuckedcompany.com/archives/index.cfm?startrow=461 Verde almost gone Verde.com Verde Media, an environmental site powered by granola bars and trail mix, laid off its editorial and production staff. Pave the globe -- free parking for everyone. When: 6/21/2000 Company: Verde.com Points: 190 http://www.fuckedcompany.com/archives/index.cfm?startrow=461 Whole Foods Market Announces Restructuring of E-Commerce Operations... WholePeople.com Some call it a "partnership", others call it a FUCK. When: 6/21/2000 Company: WholePeople.com Points: 200 http://www.fuckedcompany.com/archives/index.cfm?startrow=461 This site was a good idea... MiniDiscNow.com According to their site, this company ceased operation March 5 -- and on March 17, and on May 3, and on June 14. It's the longest and loudest suicide note I've ever seen from a fucked company. They're now asking for "capital contributions". You can read their "prospectus". One useful contribution would be to buy the site designer a new guide dog. When: 6/21/2000 Company: MiniDiscNow.com Points: 200 http://www.fuckedcompany.com/archives/index.cfm?startrow=451 2 legit, 2 legit to Launch 360hip-hop.com "360 Hip Hop" is Russell Simmons' entry into the online "urban" marketplace (you know what that means...). It was set to launch June 20 @ 6:30 pm. It launced and was live for a total of 45 seconds. Now it's back in "coming soon" mode... When: 6/22/2000 Company: 360hip-hop.com Points: 103 http://www.fuckedcompany.com/archives/index.cfm?startrow=441 Fried to a crisp BBQ.com BBQ.com gave up and laid everyone off. They were a VC funded startup offering barbecuing tips on the Web. What. The. Fuck. When: 6/23/2000 Company: BBQ.com Points: 200 http://www.fuckedcompany.com/archives/index.cfm?startrow=301 No one can pay the piper GMN.com Rumor has it that half the office space will be let go, most management down to half-time, and everyone else polishing their resumes for all they're worth... When: 7/7/2000 Company: GMN.com Points: 175 Visualcom fires many VisualCom.com Rumor has it that VisualCom.com just fired their CTO, IT Director, and all of their network administrators. They're left with about 26 marketing and sales people -- who are hoping the systems don't crash anytime soon... When: 7/17/2000 Company: VisualCom.com Points: 150 CEO resigns b2bStores.com As previously seen on FC, b2bStores.com raised $35 million on its IPO and announced sales of only $6000. Yes, that is a six with three zeros. Well, their CEO just resigned. Lookin good for this future FC hall-o-famer..! When: 7/17/2000 Company: b2bStores.com Points: 194 http://www.fuckedcompany.com/archives/index.cfm?startrow=431 Good deficit, bad deficit CASCAP.com Apparently the president of Cascap.com told staff yesterday that, "there's good deficit and bad deficit -- we have good deficit, which means that we've only lost $300,000 for the year overall and need to downsize only 5 or 6 people." Getting... angry... can't... control... rage.... AAAARGH!!! When: 6/23/2000 Company: CASCAP.com Points: 105 http://www.fuckedcompany.com/archives/index.cfm?startrow=251 @Road Cancels IPO atroad.com Those "unfavorable market conditions" are tough. What does the market want? Profits? Sound market concepts? When: 7/11/2000 Company: atroad.com Points: 180 http://www.fuckedcompany.com/archives/index.cfm?startrow=341 B2B or Not To Be ineed.com Rumor has it that their money plug made a big sucking sound. Additional funding couldn't be secured and about 12 people have lost their jobs. Word on the street is that they are closing shop. When: 7/5/2000 Company: ineed.com Points: 185 http://www.fuckedcompany.com/archives/index.cfm?startrow=251 Umm, yeah DoughNet.com This is a financial planning site for kids. This is not a good idea. All but 5 of the 75 staff were told essentially, "the school bus will be leaving early today for the last time... place all your crayons and finger paints in you bag... have nice life." When: 7/11/2000 Company: DoughNet.com Points: 195 http://www.fuckedcompany.com/archives/index.cfm?startrow=261 AviationX crashes AviationX.com Rumor has it that AviationX crashed brilliantly -- raised $1.6M in cash and burned through it in 3 months flat. Apparently there are great pickings in the ashes -- $1,200 desks, $400 chairs. These guys knew how to live... When: 7/10/2000 Company: AviationX.com Points: 200 http://www.fuckedcompany.com/archives/index.cfm?startrow=271 Exit interview without fear SaltMine.com Employees at saltmine.com felt compelled to forward this goodbye email to FuckedCompany.com. Apparently it was sent to the CEO and CC'ed to the entire company. When: 7/10/2000 Company: SaltMine.com Points: 110 http://www.fuckedcompany.com/extras/saltmine_email.html http://www.fuckedcompany.com/archives/index.cfm?startrow=211 Talk City says, "shut the fuck up" TalkCity.com Rumor has it they laid off 40 people. More to come... When: 7/10/2000 Company: TalkCity.com Points: 139 http://www.fuckedcompany.com/archives/index.cfm?startrow=211 iCopious folds iCopious.com Rumor has it that iCopious.com is having *major* problems. I'll just leave it at that... When: 7/13/2000 Company: iCopious.com Points: 199 Insert joke here LifeJacketStore.com This is just way too easy -- I'm not even going to comment on this one. LifeJacketStore.com says, "LifeJacketStore.com, Inc. has ceased doing business due to a lack of expansion funding." Okay fine one comment: you never seem to have one when you need one. When: 7/20/2000 Company: LifeJacketStore.com Points: 200 http://www.fuckedcompany.com/archives/index.cfm?startrow=81 Softmart pleads guilty to fraud Softmart Softmart reported $1M in apparently-phony sales to Microsoft to cash in on an MS rebate deal. Trying to fuck Bill out of $1M is definitely a capital offence. :) When: 7/31/2000 Company: Softmart Points: 125 http://www.fuckedcompany.com/archives/index.cfm?startrow=41 How to get to Fuckwit, Idaho? MapQuest.com Rumor has it that in the past few months the NYC HQ has gon e from about 30 to about 6 with the CEO making only cameo appearances. When: 8/8/2000 Company: MapQuest.com Points: 165 http://www.fuckedcompany.com/archives/index.cfm?startrow=51 LeisurePlanet is no more LeisurePlanet.com UK travel site Leisureplanet.com has called in the receivers. A spokesman for UK travel site LeisurePlanet.com said said it was forced to make a move as a "direct consequence of the changed market conditions whereby capital is no longer available to fund ambitious business-to-consumer plans that incur losses". In British English I think that means "Oh shit, we've gone arse over tit, mate." When: 8/7/2000 Company: LeisurePlanet.com Points: 195 That cartoon Boo.com chick is cute though fashionmall.com I actually received a $50 gift certificate from Boo.com a few days before they folded, so I never had a chance to cash it in. While we're on the subject, Fashionmall.com, which bought the stinking, maggot-infested corpse of Boo.com, is now planning to relaunch it. Boo.com's newly installed president Kate Buggeln immediately demonstrated her ineptitude by proceeding to insult and patronise its potential customers on cnet.com. "While analysts and techno-geeks know of Boo.com's troubles," she said, "most of its everyday customers are not concerned with such things. Susie Shopper doesn't care about that stuff." I think Susie Shopper should open a can of whoop ass on her. When: 8/7/2000 Company: fashionmall.com Points: 101 |
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Words "We regret to inform you that as of 11/27/00 we have shut down our service," says e-lingo.com's homepage. |
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So where are people gonna get this stuff now? - 11/29/2000 08:39 AM EST "elingo is the leading internet translation infrastructure company and provider of online machine translation solutions to major e-businesses around the world. elingo develops and hosts a platform of best-of-breed, private-label, real-time language translation solutions. Services include translated search, text, e-mail, chat, instant messaging, and Web browsing, allowing e-businesses to focus on their own core competencies. Through its partnership and alliances with Inktomi Corporation and leading machine translation vendors, elingo provides portals, email outsourcers, e-commerce and content sites the highest quality internet translation services available, enabling a dramatic increase in available content and access to vast new online audiences." ===== "Aye, Cap'n! There's trouble in the double-talk generator!" "Scotty! I need double-talk, and I need it now!" "Not wi'oot new e-commerce crystals, Cap'n! The vast new internet audience is being disenabled through the portal!" "Can you fix it, Scotty? Jury-rig something?" "We're best o' breed and private-label now, Cap'n! The power's being shut off!" "Inktomi ... instant messaging ... e-mail ... thousands of people, and they all were depending on me. Mr. Spock, meet me in the transporter room, and bring your core competency with you."
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Full service Rumor has it Agency.com laid off around 190 people. I also hear they closed the ever-profitable Vail office. We're in for a bloodbath next quarter, people. |
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It used to be that this business was fun: meet user, write code, fix code, go home fat and happy. But when you get on the hook with a VC, it seems you're making a commitment to a 55 - 100 % margin on every transaction. Code just doesn't work that way. 20 % of the good coders are giving it away in GNU licenses probably out of boredom, simply because the margins on really challenging IT just aren't there. Which keeps us writing XML for Taiwanese porn sites rather than Peer reviewing medical device code. |
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Thanks for the tip... Rumor has it, after laying off 50 people a few months ago, Extend.com secretly laid off 60 more yesterday after committing its soon to be former employees to sign an NDA -- not to disclose this information. |
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Flash is evil. But this site is more evil than even Macromedia could have ever envisioned: Subscreens pop-up on some clicks, yet other clicks just change the current screen Obvious candidates for mouse-overs don't react, while other, NOT obvious objects ARE mouse-overs The fucker freezes every browser you own - I have IE 5, NS 4.7x, NS 6 (yeah, I'm a glutton for punishment) -- all cough up hairballs until quit and restart on my OS (Mac's shit 9.0.4 - maybe W2K works better). And the content is hilarious. Read the vision and partner pages - what language is the vision in? Is it related to making money? And the partners - partners HOW? (I can see it now - "We have a Mac and a PIII, so let's smear Apple and Intel as being our partners"). What an odious site. |
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Twas the night before Christmas Old St. Nick busted out the AstroGlide and is having his way with eToys.com. Their holiday sales are less than half of what was expected, and apparently at their current rate, they've got till March. |
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House bound for last 2 years (12/18/2000 12:00 PM EST): Because of the easiness of buying EVERYTHING on line...I haven't left my house for 2 years! I'm 200 pounds overweight and have bottlecap glasses from the glare of my screen....i have to buy toys for my nieces so I'm finally going outside....thank you etoys and ToyRus for cutting my ball and chain.... |
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web servers (12/18/2000 12:26 PM EST): Apparently, from what I hear, these guys had over 1,500 dual pentium web servers on standby to cope with the christmas demand... now that is enough to serve Yahoo 4 times over, these guys didnt have pageviews anywhere near that, they could have run the site just fine on 4 of them.
Unless of course they had NT installed... when erm, yeah 1500 sounds about right! |
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Drive-thru "carOrder is not currently accepting new orders," says their site. There's another $100M down the toilet... |
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TallOrder: Their jobs page says Minimum 3 years experience with web design and e-commerce web applications
When was the term "e-commerce" coined? Are they looking for the guy who invented
ecommerce? |
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re: TallOrder: (12/18/2000 11:30 AM EST) Their jobs page says
Don't know about you guys, but I've seen one asking for 10 years experience with Java.
Beat that :) |
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Merry Christmas, go home Rumor has it about 175 employees were canned at Onvia.com... They keep doing this. |
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I recommend slicing up the wrist, not across. and use plenty of warm water - helps speed up the bleeding. Laying off 185 this month, how many the other month? Enough of the dribbling, percoset and Bailey's suicide scene - cut the jug and take your bow. |
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re: Holy shit batman!!: (12/19/2000 08:49 AM EST) Negative gross margins would not only infer that they are giving it away, they are paying people to take it. |
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The Mass of the Management Team: (12/19/2000 01:04 PM EST) How can a company this size support this volume of Vice Presidents? General Motors probably has fewer VPs!
Anytime I see this volume of humanity on a dot com executive team - in the words of George
Carlin - "I don't know if I almost puked!" |
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Too obvious I won't even bother with a funny headline... Funeral site HeavenlyDoor.com died. Rumor has it they lost about $22M in the process... |
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Road kill of the information superhighway Normall I make fun of dead dot coms . This one leaves me speachless !! |
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The problem was shipping (12/19/2000 12:53 AM EST) I used HeavenlyDoor.com and set up "My HeavenlyDoor". When Uncle Ed died last month, I packed him in a box and sent him off for a proper funeral. Actually, because of the 75lb weight restriction with UPS, I had to send 3 boxes. But still, off he went. Two weeks later I get a return box from HeavenlyDoor saying that because they only received 1 of 3 boxes, they were returning it to me. What's up with that? It's poor customer service like that, that will kill a company. I'm not surprised they went under. If anyone finds one or both of the missing boxes, e-mail me at "fivefivefive/onetwoonetwo.com.
Thanks. |
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re: The problem was shipping This just shows again that those bastards at UPS just won't haul for shit anymore. And HeavenlyDoor ends up as roadkill, while UPS lobbies Congress to carry First Class mail. Where's the justice? WHERE'S THE JUSTICE?
And where are this poor guy's boxes? |
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re: The problem was shipping hmm, didn't they give you an RMA number?
This is why only clicks and bricks funeral service plays are going to make it. Without a real brick and
mortar funeral parlor to bury the other 2/3, you were left hanging! |
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Pack your eBags eBags.com laid off 23 people -- 25% of staff. Just curious, how many people need to work at an e-commerce site that sells bags? One? Two? One programmer and one accountant/buyer should do the trick. Like, the site just fucking sits there and sell BAGS. IT'S A COMPUTER PROGRAM. IT DOES STUFF AUTOMATICALLY. Dammit I'm pissed now. |
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Don't be pissed Listen Pud, it takes about 23 people to;
"host monthly fun employee events - happy hours, putt-putt golf tournaments, barbecues, trips to
amusement parks, etc." and to maintain the "foosball table, Nerf basketball and other toys and
games on site." |
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Bags for your balls A site that just sells bags huh? When will the site that just sells balls go down?
http://www.balls.com |
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Room for 2 ball sites? http://www.justballs.com/jbstore/
this must be a really hot "space" |
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re: Don't be pissed oh god thats awful. is that a joke?
http://ebags.recruitingcenter.net/publicjobs/canviewjobs.cfm |
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Why so many people, Pud? Well, as the earlier poster said, there's a LOT of employee activities. That takes a passle of folks to organize - and the activities take up a lot of employee time, so you need people to cover for critical periods like hiking trips and shit. And they were hiring like crazy, to keep up with the insatiable demand, so EVEN more people needed to be hired to find the foos balls that flew off the table and got lodged under the beanbag chairs. But mainly, once again, management takes a rap for what had to be slack-tit techies. Look at the site. The part called "About eBags". All the bios. And pix. Gigs of information to be stored and distributed so these jackoffs could see their finely-photographed mugs on the Web. Of course, ANY company struggling to make it public - or to another round of funding - needs to have an enormous database on-line to show off the enormous employee population. And that's a lot of maintenance and information handling.
The techies fucked 'em. Just couldn't get those bits out there fast enough, cheap enough. Not a case
of bad judgment by self-infatuated management. Nossirree, Bob. |
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re: egads.. they have profiles of ALL THE EMPLOYEES I am most amused by the different titles. "Creative Services Manager, ConcourseZ". What? "Operations Applications Analyst". What is that? "Direct Marketing Writer". Someone actually has a job writing spam.
My favorite is "Manager, Relationship Marketing". Why is "relationship marketing" different than
regular marketing? Guess I'm too much of a "techie" to understand all that marketing stuff. |
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re: Fuck me! > okay, that was too easy. No, it's the employees who are too easy. "Dying is easy, it's comedy is hard - rejoice in the cheapshots that come your way". - Wilde...
...or Moliere - or fuck, maybe I just spiced it up. I'm still troubled by the giant employee page at
eBags. |
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emarketing ebag ecrap http://www.avenuea.com/showcase/ebags.asp these guys did the 'emarketing' for ebags, and according them ebags is a huge success story (as is drugstore.com)
...things that make you go hmmm.. |
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www.bagit.com Take a look at this bag site, www.bagit.com.
The are running it with out VC money. |
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re: www.bagit.com So I checked it out. On a 1 to 10 scale, with 10 being high, the bagit.com hit about 2.5 on my personal scale. I have read some of the comments on ebags.com , but not all. What I have not seen is talk of net revenue expected per employee. Ebags obviously doesn't have a workable target. We compete with them in some areas - in the golf bag arena - and have elected not to carry products that they carry - simply because a profit of $6 an order isn't worth it. It takes me just as long to process an order for $1000 as it does for an order for $30. We aim for at least a 30% gross profit per order - so when I compare $200 profit to $6 for 30 minutes of work - I lose money with the $20 order (net profit is much lower than gross profit). Another post said something to the effect that you only needed a progammer and an accountant to run ebags. I disagree. I am not a programmer - but am computer literate. I am not an accountant - but am tax literate. We are now in our third year of ecommerce. Our site is not flashy - but works for many customers. Our ratio of people to gross sales is 1 to $350,00. We are also a company of 1 - computer and tax literate - no programmers or accountants. Since we(I) work long, long hours - and have a good technical background - i will say that if we can do it on a ratio of 1:350,000 that others should look for a minimum target of 1:200,000. That is, every employee should be able to generate at least $200,000 in sales per year. You then should factor in their overhead - )e.g., marketing - and all the other obtuse ebags positions) - obviously they overlooked some small details in their business plan. What is really sad is that all the VC guys also don't understand that they should focus on revenue/potential generated per employee. I haven't done the figures for Amazon.com - my pencil doesn't much lead -
Shelley |
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Not **completely** fucked Don't count them out yet. Their business model is sound -- luggage is expensive to carry in physical inventory in a retail store -- big air-filled items take up a lot of room. That's why most stores that sell bags have such a lousy selection. The guys who came from Samsonite know the luggage business on which they based this dot-com. That's more than you can say for a lot of dot-coms -- like MVP.com, which was the brainchild of John Elway and a couple of his cokehead stockbroker friends, who didn't know sports, didn't know technology, didn't know retail, didn't know anything except the scent of money to be made. Feh. I've bought from eBags and think the user reviews are worth more to a purchaser than zipping the zippers in a store -- "This bag tips over when fully packed" or "It holds more than it looks" aren't something you'd figure out on your own.
Nevertheless, I picked both eBags and MVP.com (along with every other Denver-based dot-com --
having covered them as a reporter, I know most of 'em ain't worth diddly) and would have gotten
some points off the fucking of both companies if pud hadn't arbitrarily reset everybody's fucks a few
months back. |
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re: Not **completely** fucked > having covered them as a reporter To the previous poster: since you've covered these companies, do you believe ebags.com when they say, "1,025,138 Units Successfully Shipped" (the statistic is on their web page)? That number seems very high.
Just wondering if you know anything about this. Thanks. |
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How many people does it take to run a dot com Once the site has been created, you can probably let go most of your web development staff. Buyers and other retail people are more important. The next generation of dot com's will have to be run much more like a traditional brick and mortar. |
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re: Not **completely** fucked > Amazon does something like what you've described...Some books get nothing *but* bad reviews No shit? Maybe because THEIR business involves the service promise of one million titles. What are the odds that all one million titles are all four stars and above? Meanwhile - check out the eBags site. If you're strong of stomach. Limited selection, and every bag is either above average or unrated. Like a Lake Woebegone for Bags.
Not comparable to Amazon, no way no how. |
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merry christmas, ebags employees and others The shakeout of failed dot-coms is tough on everyone, amusing to some, and a good lesson for us all. Nobody at ebags will "change history" (how does one change history, anyway?), or even make history. But they're mostly decent folks doing the best job they can... and they'll learn from this and go on to real jobs soon enough. The VCs are santa claus for most of them.. they funded a learning experience for a lot of them.. on the job training is much more valuable than anything you learn in school. And no, it doesn't take 100-odd folks to run a luggage-selling web site. as i posted earlier, check out luggage.com. there are exactly two people running that enterprise. but anyway, merry christmas to everyone, and best wishes for 2001.
back to the vitriol :) |
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Fishy Since I've started including web consultancies here (marchfirst, scient, etc) and not just dot-coms, there's been popular demand for a Razorfish fuck... Consultancies don't really count cuz there's nothing inherently wrong with the business model of "pay us money and we'll make you a web site" -- particularly if you're good -- like Razorfish. Still, ya got layoffs, law suits and stuff... For your slanderous enjoyment, here ya go.. |
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Place is going to the dogs 1/4/2001 08:05 PM EST 98 :: fanatastic fun, great work 99 :: more work, still plenty of fun 00 :: work dries up, we party while rome burns 01 :: we go home now Thanks. |
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Wonderful news - When: 1/18/2001 I'm proud to announce that JustBalls.com -- a site that sells balls -- just received $13 million in funding. Yes, I'm serious. |
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I like Mad Dog 20/20 better than Cisco Cisco Systems - Rumor has it Cisco doesn't want the bad press for laying people off -- so instead they've put 5 to 10% of their workforce, mainly sales and installation engineers, on what they call "program." (sounds evil, doesnt it?) The "program" gives each employee 30-days to meet "standards of performance" often higher than 150% last year's targets. If they don't hit the standards, they're forced to resign. |
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re: how 'bout them layoffs 3/22/2001 07:01 AM EST YOUR FIRED! GET YOUR SHIT AND GET OUT!
Security? Show this young person whats behind door number one. Yes...thats the one...the one with the EXIT sign above it.
quote: |
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Beenz.com Beans beans good for your heart: Over 180 people (70%) have been laid off or quit Beenz.com in the past few months. Me thinks beenz = throwing away your money. |
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re: FC supporter 3/29/2001 09:23 AM EST I left beenz to work for an investment house. Philip Letts came in with his new (soon to be fucked) company BarterTrust.com asking for a loan. He gave beenz as a reference so my boss asked me about him. I'll try to get a copy of the rejection letter. NEVER give a company you've fucked as a reference
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Fandom.com Fandom.com - Fandumb: After apparently fucking AnotherUniverse.com, lying to their employees all year, and promising in December to give Christmas bonuses in MARCH (which never happened -- but it forced employees to stay put), Fandom.com is done. Lots of ex-employees angry about this one... here are some highlights. "The heartless, dim-witted execs wouldn't know how to run a dot-com if an endless source of cashflow dripped from their assholes." "Hope the company gets as good a treatment in hell as they gave their employees." And finally, "The execs and Satan can fuck each other up the butt for eternity." I'm noticing a theme here.... |
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Incontinentia Buttocks 4/3/2001 06:17 PM EST
BIGGUS........DICKUS? |
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Amazon.com Amazon.com - $$$: You need to be a bit of an accountant to get a woody off this one, but this is a classic fucked company move. Raise money through convertible debt (i.e. your debtor can turn the money you owe into stock, so you never really have to pay back the debt with real money, just with your "valuable" stock). Amazon.com raised $1.8 Billion this way. The conversion price for the stock was $70-per-share. With Amazon stock around $9-per-share today, it's not worth the cyber-paper it's cyberly printed on to wipe your cyber butt. So Amazon has to pay back the $1.8 billion in *cash*... |
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not first yet again! 4/4/2001 03:36 AM EST hah! all your not first are belong to us! hahahahahahaha |
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janitor61 4/4/2001 09:48 AM EST AHH but did you think of THIS!? Its easy to see how you guys would be fooled into thinking that amazon.com is doomed. But if you actually take the time to look at it and anaylize the structures at work, its quite simple: First of all the annuity on the indifferential depreciation coincides with the 3.04 Return rate quoted to me by the FCUG, I just got off the phone with them. They also told me, (I knew this was coming), that looking from the Keynesian Macroeconomical vantage, The keogh which alloted these accrued liens were performing a leveraged buy-out, diluting the HRV Tax dividend. Going in anylitically, You can see that the rotational rate of tangency (polar) of the Kernamm-Moler function against Production rates show increased tendencies twoards a hyperfluctual system.... a system that usually bumps the DH Sector breaching along with the FV margin! The Peller function coorelates the the Kernamm-Moler in that the co-vector asergance integral point is TOTALLY dependent upon the equity multiplier, tied up in export declarations and revolving collateral.. This brings the integral and the derivative of the functions and the GFC ratio down to around 40-50, maybe even 53 (i'd be suprised!!) What was most shocking and what you people TOTALLY FORGOT was the ROI manouevers were NOT parallel to the solvency of the discretionary accrual.. They were AGAINST IT!!! AMAZON MUST OF SEEN THAT FROM THE BEGINNING... ACCOUNTING GENIUS!! |
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eFront.com eFront.com - I'm Batman: Just when you thought they couldn't be any bigger con-artists, fuckedcompany favorite eFront.com stiffed their affiliates once again. The bad news: With just 2 days notice, eFront affiliates will no longer receive the free hosting they were promised, according to this email. The good news: eFront.com seems to be hosed. Call me crazy, but I'd like to take some credit for the good news... |
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re: YES!!! DEATH to FREE HOSTING 4/5/2001 01:03 AM EST
quote:
sorry, all i can say to this is TRUE, TRUE, TRUE. spammers need to die terrible deaths |
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re: Bring em down 4/5/2001 06:34 AM EST
quote:
People with low standards will inevitably think I'm a boor for pointing this out, but.. This is a poor allegory. The majority of ships are not sinking (they primarily get their usefulness from their buoyancy). Therefore the allegory does ships in general no justice. It'd be much fairer to simply say, "Efront is like a sinking ship." Having said that, you have to feel for all the poor webmasters (essentially the rowers of this particular "ship"), who are chained to the lower decks, unable to escape. |
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Red Herring Bass (with frickin' laser beams attached to their heads): Rumor has it Red Herring will be taking away all cell phones from reporters in the next month to save dough. Also, apparently around 10% of employees will be laid off as well. |
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Doctor Evil Throw me a bone here! Are they ill-tempered sea bass?
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Rational Software Rations: Rumor has it Rational Software, the company whose cheezy tap-dancers and electronic drummers I watched at the last Internet World here in NYC, will lay off around 10% or 400 employees. |
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And let's not forget about (Un)ClearCase 4/6/2001 01:14 AM EST Three cheers for Rational's awful code versioning system, ClearCase! It makes Visual Sourcesafe look intuitive, and CVS downright godlike. Who wants a versioning control system that's so complicated, it puts its own special filesystem onto your computer? Whose client machines have to run daemons in order to work? That often destroys the very code it is meant to protect? On one project, they brought in a special guy just to run ClearCase. 3 months, and he never got it set up. But boy, did he bill hours. You can create a whole career around running Clearcase. Then there was the project where they actually DID get it set up. That one was worse. FUCK Rational, I say. Fuck them and the horse they rode in on.
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Harbinger of d00m re: And let Oh, this is too sweet! I actually think it would be a boost for the economy if we could get rid of Clear Case. Some ungodly licensing fee plus the need for a "special" clear case admin... for a shop of a dozen or two programmers? Excuse me I need to go add another 500 users to my CVS tree.
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evil_dad re: you are a sorry bunch
Rational Products Suck, I've used them and after lots of therapy I can say there are better things. They're also extremely overpriced. UML is okay but Rational isn't, also the "Unified" process which is a cluster fuck. Booch should have left it alone!!! Besides developer is for film, I'm an Engineer and I use Together!
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VOBkiller IRRATIONAL SOFTWARE Absolutely true.... A big brokerage in downtown NYC switched to Rational Clearcase recently and even included management in some cheesy videos touting the positives for this piece of shit software. Several of my fellow colleagues and I soon bolted from the place after our duties transitioned to the "IRRATIONAL" migration from web development. Idiot managers can stick a VOB up their ass for pushing out this overcomplicated piece of shit. I want SourceSafe back!
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another fucked lurker I think RATL tools work better than most... just my two bits. I've tried testing tools up the yin-yang, and Robot and Visual Test work much better than Segue or Mercury shit. Purify, Quantify, and Coverage stuff work great for me as well. Clearcase is something I haven't used too much, so I cannot comment. Same dealio with Rose. Overall, I actually like their stuff because I get good results and they make me look good to management. Your mileage may vary. Don't run with scissors. Yada yada yada.
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evil_dad re: you are a sorry bunch Agreed, after Rational took them over they went downhill. However, there is something better than NuMega, costs more called Insure++ (www.parasoft.com) I've used Insure++ everywhere and it's the best albeit a bitch to configure. And the sales people suck donkey balls for sure. :-p
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BuildNet.com BuildNot: Rumor has it around 170 employees, 2/3 of staff, will be laid off next week from BuildNet.com |
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BuildThisNOT.com 4/6/2001 10:08 AM EST Hand out the life jackets.... this puppy is going down. Just like the movie Titanic...presented as unsinkable but when you hit the iceburg who gets first placement on the lifeboats.......hmmm
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zUniversity.com Zzzzz: zUniversity.com, who partners with universities to produce e-commerce sites, laid off 120 of 140 people. The great thing is, they shitcanned the entire tech staff, so the sites are gonna wither on the vine and die -- my guess -- pretty quickly. |
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sayonara Site will just run itself... I've heard it called "gerbil mode" -- where you get rid of all the tech staff and the site will just run itself. No problem, programmers aren't changing code, right?!?!? Ha ha ha ha! Cracks me up.
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alecto (Registered Sinner) I called this the day . . . I got a spam from these people offering me a "lifetime email address" in some second rate domain name that was Z + "schoolname".com, like anyone would want that. Imagine the cachet and prestige of alumd00d@zmit.com. Not. And the "services" required giving up enough demographics to populate the mark-of-the-beast-database in Brussels. I think not.
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Rocket scients Scient: CFO resigned, 675 canned, 175 more to go, many others jumping ship... it's carnage. |
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re: straight into a wall 4/12/2001 04:06 AM EST My employer hired Scient a bit back to execute on all kinds of pipe dreams they managed to sell to our execs. Despite the pleas from the IT staff about how lamebrained some of the ideas were, they went ahead anyway. After months and months and months of 40 plus consultants (i.e. fresh outta college kids) dragging out "scope analysis" meetings and "analyzing the core competencies" of the company, they give us wut would soon be known as the Scient Fiction document amongst the IT staff..We're talking 7 million plus for a 600 page document with useless use case diagrams, all kinds of buzz words, and best yet, 200 pages of the document was SQL code to build the tables they thought we'd need. Some of the earth shattering conclusions they made (we're a retailer by the way)....e-commerce sites should allow customers to buy things. REALLY!?!?!? So that's what our problem was! A basket system will be needed to facilitate said purchases. HOLY FUCK. Wish I thought'd of that. I wish I were exaggerating. I'm not. Sigh.
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Crop failure Greenhouseforstartups.com - Crop failure: "Greenhouse for Startups has been shut down." Good. Pretty pathetic when they can't even sit around and dream up new little FCs... |
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New Economy Janitor Put it all right in here, junior. This company is NOT going out of business. I don't know where you get your information, but we are NOT, repeat NOT, going out of business. If you bothered to check out our site, you'd see that GreenHouseForStartups.com was only the stealth-mode face on our enterprise. The REAL business is starting up just now, taking all of the properties we've incubated and moving them "OUT" into the mainstream economy. So be sure to visit our Next Step Incubator: OutHouseForStartups.com
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Which one you have wanted to receive? Hi, please go away : How toughtful, for the butt-plugs at Taos.com to fire their employees via email... the few who were not (yet) laid off received this pep-rally. |
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onceadotcommer - Sys Admin Haiku May 01 2001 08:45AM EST
billable hours?
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Alpha Gonad - Sys Admin Haiku May 01 2001 09:36AM EST Originally posted by Picky, Picky!: Issue is whether "hours" is one or two syllables. Dictionary.com says one. The difference between "ours" and "hours" is that "ours" is one syllable and "hours" is two. Dictionary.com is wrong. Maybe we should Ask Jeeves. I'm sure the answer is that he won't tell you whether he's gay or not. |
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is this bullshit - Sys Admin Haiku May 01 2001 10:22AM EST Originally posted by Alpha Gonad: The difference between "ours" and "hours" is that "ours" is one syllable and "hours" is two. Dictionary.com is wrong. Maybe we should Ask Jeeves. I'm sure the answer is that he won't tell you whether he's gay or not OED says one syllable. Back to the drawing board. |
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onceadotcommer - Dictionary Haiku for the Haiku-Critical May 01 2001 01:25PM This is a haiku for those of you critical of my usage of hours as a two-syllable word:
the grammar nazis
OR
I'm so sorry that
OR
Webster: only one
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Logical LogicTier - Logical : Following their competitor, LoudCloud, rumor has it LogicTier died today. Lets clone Loudcloud, oh wait that idea sucks too... |
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onceadotcommer Obla Dee, Obla Da, Life goes on... May 04 2001 08:11AM EST What happen. Someone set up us the bomb. We get signal. What! Main screen turn on. It's you. How are you gentlemen! ALL of your internet infrastructure management are belong to us. You are on the way to descruction. what you say! You have no chance to survive make your time. ha ha ha ha Take off every zig. You know what your doing. move zig for great justice Marc Andreesen sucks ass. So did Netscape, So does Logictier.
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Logical Goldman Sachs - Goldman Sucks : No more shitty dot-coms to take public, so the pompous fucks Goldman Sachs cut 150 investment bankers. |
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Uncle Schnikey You suck May 24 2001 10:32AM EST Who's Pompus? Some Roman guy who worked at Goldman? Oh... you mean POMPOUS - you illiterate fuck. Goldman may be a bunch of tools, but they can spell, you semi-retarded insult to shit spreaders.
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Fargo When: 6/8/2001 Wells Fargo today disclosed that they lost over $1 billion on their venture capital portfolio. it's not funny, but for a company of financial "experts" to be investing in all these fucked companies, i gotta say... ha ha ha ha ha hah ah ah ahah aha hahah ahahahaah ah hahaha haha fools. |
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uhh When: 7/11/2001 Doctors believe they've found a way to fertilize an egg with cells from any part of the body, rather than sperm. When: 7/11/2001 Company: Men Severity: 50 Points: 150 |
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The inhumane Internet When: 7/11/2001 About.com asked another 20 employees to bend over and grit their teeth. Apparently they got the news in the usual "come to an important meeting right away" (while we cut off your access) email. |
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Geegy When: 7/11/2001 Rumor has it ThirdGeek.com has been torn apart by a silent majority partner. Apparently the entire staff has left. Heh, just looking at the site, it's being redirected to Fuckedcompany. rock on! |
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Alive with pleasure! When: 7/11/2001 Rumor has it around one-third f Newport.com employees were shown the door this morning. From one employee, "it looked like the scene from Saving Private Ryan where everyone is wandering on the beach as they storm ashore." |