This work offers a summary of "DOT. BOMB: Inside an Internet Goliath - from Lunatic Optimism to Panic and Crash by David Kuo".
In late-1995, Craig Winn, the founder of a couple of retail businesses, had a vision that retail would be dominated by technology, making the traditional retail stores and warehouses redundant. The spread of the Internet seemed to mark the point of arrival for that vision, and Winn decided it was time to launch the next retail revolution.
He even had a name for his new company - Value America.
J. DAVID KUO worked as senior vice-president of communications for ValueAmerica.com. He joined the company in May 1999 just after its IPO, and left Value America in February 2000, about six months before the company declared bankruptcy. Prior to that, J. David Kuo was a political adviser and CIA operative.