Did gourmet coffee cause dot-com bust?
Blame gourmet coffee for the dot-com bust...
That's one of the theories two Internet executives-turned-filmmakers uncover with a director friend in a documentary called "What Happened" that premiered Thursday at the New York International Independent Film and Video Festival.
"The advent of gourmet coffee contributed to a certain over-excitement and lack of questioning," Chas Mastin, writer of the film said, relaying one of the more popular and humorous theories for the bust provided by people-on-the-street and Internet players interviewed for the documentary.
While the dot-com boom has become a thing of the past, the effort to dissect it is just gaining momentum.
...The new film points out that it cost $20 billion to invent the atomic bomb in the 1940s and another $20 billion to land a man on the moon in the 1960s. Dot-com start-ups burned through $20 billion in 1999 alone, according to "What Happened."
[CNet News]
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