Dot-com boom and bust: The movie
[ Music ]
^M00:00:02
>> The real question is where will these guys be six months from now.
>> We'll be right here.
>> Not everyone wants to remember the dot-com crash in 2001. I'm Kara Tsuboi CNET.com and I'm about to meet the director of a new film called August that chronicles just that.
>> It's sort of about the rise and fall of a company started by two brothers and how the success and then sort of demise of the company affects their relationship.
>> The industry we're talking about of course is technology -- the dot com world.
>> Dot com.
>> And that is so unique to America at that time period.
>> You know, a lot of those companies were really sort of built around, kind of like cult personality and that's what the Tom Sterling character is. You know, he's sort of like a rock star.
>> Josh Harnet pays Tom Sterling, the millionaire CEO character.
>> The market had been crashing for a while.
>> The market's swarmed with stocks and [inaudible].
>> And yet there was still this strange sense that it was somehow gonna turn around and there was all these really, really ridiculously young people who seem to be worth hundreds of missions of dollars and it was a very weird time and it all ended with 911.
>> Well, the [inaudible] suffered yet another beating this week, but there were a few winners most notably the Lanshark.
>> The interesting thing was, it was kind of like the wild west and that no one knew where this was headed.
>> Actor Adam Scott plays the non-rock star brother Joshua.
>> I was just kind of the brains behind the outfit, so all I had to do was sit at home and be a dork.
>> Lanshark what do you actually do?
>> The brother supposedly ran an specified successful social networking website akin to MySpace or Facebook, but in 2001 the technology wasn't advanced enough nor the audience sophisticated enough.
>> There are a lot of people who managed to raise hundreds of millions of dollars offered you know, sort of flashy high concept that, you know may or may not produce revenue in the end.
>> Why the hell would somebody give you a million dollars.
>> Add two zeros and that's what we're talking about.
>> It was unlike any other economic boom we've ever had and it went away so quickly.
>> And it's such a recent history that must have been really fun to play something.
>> Yeah.
>> That's only 7 years to go.
>> Yeah, it's really weird and how nostalgic you could get for a particular time, as much more innocent time, you know.
>> Yeah, and it was not long ago.
>> It really wasn't. We're still running on the fumes generated during that time period.
>> This will take more than a smoking [inaudible].
>> You know you need to stock up a little bit faith.
>> Go see the movie. David Bowie's in it.
>> We don't much like the way you conduct your business.
>> I'm Kara Tsuboi CNET.com.
^M00:02:24
[ Music ]
Up Next
What is the Fediverse?
Up Next
What is the Fediverse?
The Missing Piece to Apple's Eco-Friendly Mission
The Missing Piece to Apple's Eco-Friendly Mission
Boston Dynamics Retires Its HD Atlas Robot
Boston Dynamics Retires Its HD Atlas Robot
Apple and Disney's Unique Bond: Why Vision Pro Needs the Mouse
Apple and Disney's Unique Bond: Why Vision Pro Needs the Mouse
The Ocean Cleanup's System 03 Collects Plastic Pollution at Record Levels
The Ocean Cleanup's System 03 Collects Plastic Pollution at Record Levels
Latest iOS 18 Rumor Roundup: New Designs, AI Tricks
Latest iOS 18 Rumor Roundup: New Designs, AI Tricks
Apple to Talk AI in June: This WWDC Is a Big Deal
Apple to Talk AI in June: This WWDC Is a Big Deal
What Google Gemini AI on the iPhone Could Look Like
What Google Gemini AI on the iPhone Could Look Like
Microsoft Surface Pro 10, Surface Laptop 6 Are Here
Microsoft Surface Pro 10, Surface Laptop 6 Are Here
Everything Just Announced at Google's AI Health Event
Everything Just Announced at Google's AI Health Event
Tech Shows
Latest News All latest news
Battle of the Humanoid Robots: MenteeBot Is Ready
Battle of the Humanoid Robots: MenteeBot Is Ready
What to Expect at Apple's May 7 iPad Event
What to Expect at Apple's May 7 iPad Event
Did a Week With the Apple Watch Make Me Use My iPhone Less?
Did a Week With the Apple Watch Make Me Use My iPhone Less?
How Google Tests the Cameras in Its Pixel Phones
How Google Tests the Cameras in Its Pixel Phones
Boston Dynamics' New Electric Atlas vs. Tesla's Optimus
Boston Dynamics' New Electric Atlas vs. Tesla's Optimus
What is the Fediverse?
What is the Fediverse?
Most Popular All most popular
First Look at TSA's Self-Screening Tech (in VR!)
First Look at TSA's Self-Screening Tech (in VR!)
Samsung Galaxy S24 Ultra Review: More AI at a Higher Cost
Samsung Galaxy S24 Ultra Review: More AI at a Higher Cost
'Circle to Search' Lets Users Google From Any Screen
'Circle to Search' Lets Users Google From Any Screen
Asus Put Two 14-inch OLEDs in a Laptop, Unleashes First OLED ROG Gaming Laptop
Asus Put Two 14-inch OLEDs in a Laptop, Unleashes First OLED ROG Gaming Laptop
Samsung Galaxy Ring: First Impressions
Samsung Galaxy Ring: First Impressions
Best of Show: The Coolest Gadgets of CES 2024
Best of Show: The Coolest Gadgets of CES 2024
Latest Products All latest products
Battle of the Humanoid Robots: MenteeBot Is Ready
Battle of the Humanoid Robots: MenteeBot Is Ready
2025 Audi Q6, SQ6 E-Tron: Audi's Newest EV Is Its Most Compelling
2025 Audi Q6, SQ6 E-Tron: Audi's Newest EV Is Its Most Compelling
Hands-On with Ford's Free Tesla Charging Adapter
Hands-On with Ford's Free Tesla Charging Adapter
Nuro R3 is an Adorable Self-Driving Snack Bar
Nuro R3 is an Adorable Self-Driving Snack Bar
First Look: The $349 Nothing Phone 2A Aims to Brighten Your Day
First Look: The $349 Nothing Phone 2A Aims to Brighten Your Day
Best of MWC 2024: Bendable Screens, AI Wearables and More
Best of MWC 2024: Bendable Screens, AI Wearables and More
Latest How To All how to videos
Tips and Tricks for the AirPods Pro 2
Tips and Tricks for the AirPods Pro 2
How to Watch the Solar Eclipse Safely From Your Phone
How to Watch the Solar Eclipse Safely From Your Phone
Windows 11 Tips and Hidden Features
Windows 11 Tips and Hidden Features
Vision Pro App Walkthrough -- VisionOS 1.0.3
Vision Pro App Walkthrough -- VisionOS 1.0.3
Tips and Tricks for the Galaxy S24 Ultra
Tips and Tricks for the Galaxy S24 Ultra
TikTok Is Now on the Apple Vision Pro