Startup.com
Startup.com was an interesting documentary. This documentary
was about three entrepreneurs who had an idea to innovate and make money off
the advancing web. These entrepreneurs had known each other since a young age
and had an idea to become rich off a dot come website. Now being older they
decided to make a website to pursue that dream of becoming rich. One of the
partners had left Goldman sachs to pursue his dream about creating a website, that’s
the dedication to becoming rich. The website that the partners had come up with
is govworks. This website was supposed to be launched to basically help the
government collect payment for various things mostly parking tickets via the
internet. This idea of theirs was to help municipal governments collect revenue
from an online interface. There was a third partner which was a friend of one
of the partners and it seemed he was not picking up his weight, so he had been
bought out by the company leaving only two people responsible for the company.
Engineering was very tough to launch the website, two people was not enough so
as time went on the company had eventually gained over 200 employees. Govworks
also faced competition who might’ve had a better product. After the launch
there was some hiccups within the website and the partners started having
troubles, the vision was not the same for both. The partners had some
disagreements which caused some more distance between the two. After some time
the company eventually just shut down no one made money expect for the third
partner who was bought out.
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