The 2000 dot-com crash abruptly ended Google’s fundraising confidence

Evidence

This changed abruptly in April 2000, when the legendary dot-com economy began its steep plunge into recession, and Silicon Valley’s Garden of Eden unexpectedly became the epicenter of a financial earthquake. — Shoshana Zuboff, The Age of Surveillance Capitalism, 223

Categorization

• XREF: Economic-crisis-as-turning-point parallels the way prior chapters framed crises that reshaped organizational forms. — connects to: The dot-com crash wiped out startups and investor confidence within months — Shoshana Zuboff, The Age of Surveillance Capitalism, 224; Data’s predictive power shaped Google’s response to its financial crisis — Shoshana Zuboff, The Age of Surveillance Capitalism, 237; Investment crisis at Google justified abandoning the user-service reciprocal relationship — Shoshana Zuboff, The Age of Surveillance Capitalism, 230 (+3 more)

Broader Connections

• The dot-com crash wiped out startups and investor confidence within months #corroborates (0.90) — Shoshana Zuboff, The Age of Surveillance Capitalism, 224
• Investment crisis at Google justified abandoning the user-service reciprocal relationship #complicates (0.80) — Shoshana Zuboff, The Age of Surveillance Capitalism, 230
• Data’s predictive power shaped Google’s response to its financial crisis #complicates (0.72) — Shoshana Zuboff, The Age of Surveillance Capitalism, 237