E-Dreams 2001 123movies

Watch: E-Dreams 2001 123movies, Full Movie Online – The recent “new” economy with its unprecedented highs and frantic reversals of fortune is rife with fascinating true stories. e-Dreams turns it’s focus to the recently defunct Kozmo.com. Once upon a time, a story like this would have been unbelievable, even among those intimate with the workings of Wall Street. But Kozmo.com is now a case study of how an entire economic sector went awry. Just three years ago, Kozmo.com was just an idea in the minds of two 20-something Korean American investment bankers: an online convenience store that made deliveries of snacks, videotapes and other products within a half hour. Beginning in an unfurnished warehouse, co-founders Joseph Park and Yong Kang and their small group of employees did everything from build the website to making deliveries on bicycle. Over the following year their business grew from 10 employees to 3,000 and extended to 11 cities. Like so many other dot-coms, Kozmo.com’s growth was something hitherto unseen: It raised more than $250 million and attracted the attention of Starbucks and Amazon.com. But in the tough times following the April 2000 stock market crash, Kozmo found itself in a perilous position-unprofitable and struggling to keep its operations going; and the formerly ubiquitous bicycle-delivery people in orange became and endangered species. e-Dreams stands as an invaluable documentary about the feeding frenzy of success and failure that nearly consumed the nation’s economy..
Plot: They were handed $280 million dollars at age 28. They were on top of the world with a revolutionary idea to change our daily lives. And then it all came crashing down! This is the unbelievable story following the ups and downs of Joseph Park and Yong Kang, the founders of Kozmo.com. It’s about the madness of chasing wealth, the lure of excess and the struggle for the American Dream
Smart Tags: #internet #ipo #failure #bankruptcy #ceo #e_commerce #bicycle_messenger #home_delivery #rise_and_fall #world_wide_web #hubris

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Ratings:

	6.8/10 Votes: 282
	60% | RottenTomatoes
	65/100 | MetaCritic
	N/A Votes: 4 Popularity: 0.981 | TMDB

Reviews:

Exemplary
As a veteran of several dot-com companies, watching this film was like watching home movies. Other vets of that era and I watched this film with sick fascination, seeing events and situations that we ourselves had endured. This film perfectly captures the thoughtlessness, greed, and insanity of those years. Unlike the other reviewer, I thought the ending perfectly captured the era: even when it was obvious that it was over, the jokers that led us down the garden path in the first place refused to acknowledge it. This film serves well as a documentary of one of the most spectacular dot-bombs but it serves even better as proof to those that lived through it that they are not alone.

and people think the government wastes money….
2 Trillion dollars down the drain in 6 days? Just think what that money could do in the world. It amazes me how people jump all over the government for overspending and being inefficient, well at least they provide some kind of service, where did all that money go? This movie documents the rise and fall of a startup dot com company during the late 90’s, much like the movie “startup.com” did (a far superior film). Kozmo.com was just one of the many companies that went bust when investors started to wake up from their dreamy fog and realize that, hey, businesses need to make money. What a concept! But I guess that’s what investors do, they perpetually look for a way to make a lot of money by doing very little. How could they expected such a hair-brained idea as having everything delivered to your door in less than an hour and actually make money at it. Just because you can do it on the internet? Big deal, people could order stuff from the phone for a long time before that, and even order stuff through their TV. Just because you make that first step a little easier doesn’t change the fact that you have an enormous infrastructure to support. Even I realized early on in the internet days that the only way internet companies could make money is if they delivered information only, not actual hard goods. That’s what ebay does, that’s what google does, yahoo etc. Other than that a website is nothing more than a sophisticated pamphlet. And I thought these guys were supposed to be smart? I guess greed can blind your judgement. There is a scene in the movie, just before Kozmo is supposed to IPO, where Joe Park is at a party (probably drunk) and yelling into a microphone about how great the company is. The look in his eyes is kind of scary, he just seems to be overcome with swimming in so much money. One thing he fails to see, and so did most of the other companies, that raising $250 million in VC funds is NOT the same as actually MAKING $250 million, which is much harder. Didn’t they realize that these people were INVESTING in their company, not GIVING them free money? And I thought these guys worked at Goldman Sachs? Here’s a hint guys, if somebody’s idea seems crazy, it probably is.

Other Information:

Original Language en
Runtime 1 hr 34 min (94 min)
Budget 0
Revenue 0
Status Released
Rated N/A
Genre Documentary
Director Wonsuk Chin
Writer N/A
Actors Joseph Park, Yong Kang, Thoeger Hansen
Country United States
Awards N/A
Production Company N/A
Website N/A

Technical Information:

Sound Mix Mono
Aspect Ratio N/A
Camera N/A
Laboratory N/A
Film Length N/A
Negative Format 35 mm
Cinematographic Process N/A
Printed Film Format 35 mm