A Very Public Offering: The Story of theglobe.com and the First Internet Revolution

We rated this book:


There are people who might be interested in this book; specifically, those who saw the National Geographic Channel TV series, “Valley of the Boom.” One of the three early Internet companies featured on that dramatic interpretation of real-life events was TheGlobe.com. As for anyone else, it’s doubtful.

There have been too many accounts of Internet companies that went from boom to bust. This is just another such story. Stephan Paternot is the guy who ran a billion dollar company at the age of twenty-four, when he was worth ninety-seven million dollars. Within just a few years, he lost all of that money.

I wish I could say there’s something in the account that’s missing from the others, but I can’t. And there are issues with Paternot’s telling of events. Firstly, he asks the reader to feel sorry for him. But there’s no reason to. Secondly, his credibility takes a hit, as he praises the reporters who loved him while bashing those who didn’t. Thirdly, Paternot asks readers to believe that he was about to willingly step aside as CEO before he was fired. This does not mesh with the narrative in which Paternot remains the biggest fan of Stephan Paternot.

Reviewed By:

Star Count 1.5/5
Format Trade
Page Count 279 pages
Publisher Actarus Press
Publish Date 2018-11-08
ISBN 9780062882943
Bookshop.org Buy this Book
Issue April 2019
Category Business & Investing


There are no reviews yet.

Be the first to review “A Very Public Offering: The Story of theglobe.com and the First Internet Revolution”

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.