Every investor was ogling the next deal on dot coms
I remember it well
I was in process of taking my second company public this time I was doing it with an RTO ( reverse take over) of a shell public company
So I would call the available shells and to my surprise every one wanted to do the deal with dot coms
Most of them without knowing much about as to what was Dotcom
I remember calling one of these company's president I gave him the details of my deal
His response was Luke warm, he asked me if I can send him more info to which I replied I will do so but at the same time For him to look at our website "at the acompany.com"
Well that was the magic word and I got all his attention now know that my company had nothing to do with Dotcom but the word got the attention
Today all the VCs and every capital is flocking to invest in early FinTechs
While tech companies are rushing to associate them self with this technology
For those of us who have been around for a while know how it sounds like the Dotcom era, it was a fervor and in 90s investors were running at the Dotcom opportunity
Many went bust but what came out of it was some very nice companies and a new life style today's Giants like Amazon and AliBaba are the witness of this dot com boom
As we look to future on the new Fintech companies yes many of them will crash and burn some will be frauds but mostly what will come is the new technology and a new way society operates
From Turnpikes to Radio stations to Dotcom to Fintech brave risk
capital has continued to support new ways for human convenience to continue to make our society better
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