[128410] in North American Network Operators' Group
Re: off-topic: historical query concerning the Internet bubble
daemon@ATHENA.MIT.EDU (Jorge Amodio)
Fri Aug 6 08:45:14 2010
In-Reply-To: <alpine.LFD.2.00.1008051334180.18234@vinh511.math.umn.edu>
Date: Fri, 6 Aug 2010 07:45:05 -0500
From: Jorge Amodio <jmamodio@gmail.com>
To: Andrew Odlyzko <odlyzko@umn.edu>
Cc: nanog@nanog.org
Errors-To: nanog-bounces+nanog.discuss=bloom-picayune.mit.edu@nanog.org
BTW, in the context of Andrew's paper (very interesting indeed) I
believe that one of the issues is that many executives took that
"spurt growth" I was referring to in my previous message, as organic
growth and used it to make unrealistic projections which in turn led
to unrealistic valuations, and so on.
In some cases we "wasted" tons of money over building capacity,
particularly during the datacenter frenzy, later to find that we had a
lot of empty hi-tech real state.
I like how you characterized the investment waste in your paper.
Regards
Jorge
