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. 

Comments

Post a Comment

Popular posts from this blog

It isn't just about being a Programmer- Shadrach White

Dot com to Dot bomb

Convergence