Oh How far we have come!

I watched the third video about the technology bubble. It fascinated me just to sit back and realize how far we have come in such a short amount of time. To many of us now e-commerce is a common occurrence, and many of us have shopped on Amazon and Ebay. The most interesting fact is that black friday was the term used to describe the crash of the nasdaq after the technology bubble burst, but now it is the term to describe one of the biggest consumer shopping days in the year. I really enjoyed noticing how the companies now truly are the embodiment of the approach taken by their founders. It is also a common theme in technology that once something great is realized, it becomes a mad rush for everyone to jump on the bandwagon and try and find the next big thing. It really goes to show that the successes are not by accident, but are truly great, innovative ideas. Just look at how in order for these businesses to work they had to create a way for personal information to be given online without it being stolen. Today that is such a common thing that we take for granted but at that time it took three men to crack the code and create a safeway for e-commerce to thrive

Ebay founder Pierre Omidyar didn't write a business plan he just sat down one weekend with an idea and designed the code himself. When I think of Ebay I feel that carefree attitude he took. The just go without thinking out the business plan feeling. Amazon founder Jeff Bezos had a more thought out, organized way of creating Amazon. He created a business plan and really thought through his idea. Which really embodies Amazon. When you think Amazon you think organization. I feel Amazon is a more organized way of shopping. It was also interesting to see the approaches to the founders. Pierre Omidyar is not very public now and you don't hear much about him in the news. Jeff Bezos on the other hand is a public figure who some feel could be the next Steve Jobs type. Here is an interesting article featuring Jeff Bezos. It talks about who will win the technology war of 2012 as they call it.