[ILUG] ireland offline 'strike'

[Fergal Daly]

On Wed, Nov 07, 2001 at 05:09:21PM +0000, John P. Looney wrote:
> On Wed, Nov 07, 2001 at 04:45:46PM +0000, Chris Higgins mentioned:
> > Look at the Esatclear flatrate offerings - dead because the spreadsheet went 
> > red... Ireland.com free email service (never could see why a newspaper should
> > have an email service).. Buyandsell.net (get your free shares..)... and
> > countless other ventures that didn't have a viable business model or 
> > made just one assumption too many when predicting service takeup/rollout/
> > viability/real cost.
> 
>  Bigger problem that investors were pricing worth on the value of
> "members" and "clients". 

At the time of the Surf No Limits, Freeserve in the UK was valued at 1500
pounds per customer. We (the techies) were completely mystified by this but
the financial people and the director types either swallowed it hook line
and sinker or just went along with it, hoping they'd have cashed in their
chips before the market copped on. I wasn't privvy to the motivation behind
it but Denis is flying between the tribunal and the island off Portugal in a
private jet and Esat is taking abuse because people can't surf for half
nothing any more,

Fergal