News
By Jane Ngo
|
October 9, 2000
Such is the fire started by the net commerce revolution that even in defeat, the Internet creates business.
As funds dry up, layoffs become second nature, and net businesses desperately scramble to raise capital or find rescuers to buy or merge them, failure voyeur sites such as Deathwatch.com and Dotcomfailures.com have emerged and picked up on losses from their doomed counterparts.
Funded by sponsors and advertisers, these sites offer special features enabling visitors to make predictions, scan company rumors and lists of already failed companies, and browse through domain sales.