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Down to the Wire 2000: New Utopia? Horrifying Sham

26 October 2010

Steve O'Connor talks about watching the American Dotcom crash from back in New Zealand.

Down to the Wire 2000: New Utopia? Horrifying Sham

2000 was a terrible start to the new millennium for most of the world with the tech bubble finally popping – but in New Zealand we didn't fare so badly.

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Billions of dollars of investment in late '90s Internet ideas that were failing to show returns finally reached a head in March 2000. If only we had noticed sooner that ‘Information Superhighway’ was an anagram for ‘New utopia? Horrifying sham!’.

At home, our crash was relatively light by comparison. Perhaps because we were a few years behind the curve, our dot.co.nz that flew closest to the sun, Flying Pig, didn't plummet until 2002.

Submitted by heyday on Tue, 26/10/2010 - 7:00pm.

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    Heyday is a Wellington based digital agency.

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