The IT bubble - ecstasy and collapse (2023)
The IT bubble - ecstasy and collapse
2023When the IT bubble burst in 2000, it was the culmination of a period of big dreams, fast money and an exaggerated belief in the possibilities of the internet. Hear the story of the crazy journey of some of the pioneers who became millionaires in a flash and lost it all just as quickly.
Seasons & Episode
The financier Klaus Riskær and the entrepreneur Martin Thorborg have the same business idea: they want to bring the internet to ordinary Danes. Klaus Riskær opens Cybercity in posh premises on Esplanaden, while Martin Thorborg and his friends pool their money and start Cybernet in the dark basement of a computer shop. And so begins the race to get Danes on the internet.
The IT industry is one big party with soft machines, free coke, scooters for all employees and Christmas parties on the Oslo boat. Because the internet has broken through, anything is possible, and confidence in the industry is rising in line with its popularity. But the uncrowned king of the Danish internet, Martin Thorborg, is seeing the other side of the coin, as the media is not only after the positive stories.
The adventure is over. All the millions have disappeared, there are bankruptcies and layoffs everywhere, and now it's just a matter of survival. Morten Wagner and dating.dk only have just enough money to get through a couple of months before they have to turn the key. But then his father comes up with a proposal that might save the company - even though it goes against Morten's principles.
When the IT bubble burst in 2000, it was the culmination of a period of big dreams, fast money and an exaggerated belief in the possibilities of the internet. Hear the story of the crazy journey of some of the pioneers who became millionaires in a flash and lost it all just as quickly.