n 1995 Cornell students Stephan Paternot (pictured) and Todd Krizelman found a primitive chatroom on the nascent internet and saw an opportunity for a website to connect people with each other. They spent $15,000 on an, which provided chat rooms and message boards, alongside a weather report. The site was a modest hit, attracting 44,000 viewers in its first month – enough for the duo to secure $20m in venture capital to fund expansion.
The worst trades in history… floating a dotbomb
Dec 09, 2022
1 minute
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