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Last Great Internet Bubble Auction

timothy posted more than 9 years ago | from the aerons-are-comfy dept.

The Internet 432

jlouderb writes "At least that's what they are calling it. Cowan Alexander is getting ready to auction off the assets of MP3.com (now owned by CNet) on March 10th and 11th. The items up for sale include lots of those dumb Herman Miller Aeron chairs that were so popular, along with servers and notebooks that are probably hopelessly out of date. The best part, though -- a 1997 yellow hummer and a 1994 "Fat Boy" Harley. Plus, they've got pictures!"

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432 comments

the MP3.COM database.. (5, Interesting)

Joceyln Parfitt (756037) | more than 9 years ago | (#8389835)

Too bad they aren't selling the mp3 database itself! All those songs, lost.. there should be a law or something.

Although that Axis Systems (now part of Verisity Design) machine [cowanalexander.com] looks pretty nice. Hm, $1M initial price.. I wonder for how much it'll go now. We could use one at work for various things.

Re:the MP3.COM database.. (5, Interesting)

glen604 (750214) | more than 9 years ago | (#8389875)

well, since they are selling the servers, maybe some enterprising person could do some data recovery on them and bring some of it back?

i suppose this would be of questionable legality, but say you got permission from the original music creators- then what?

Re:the MP3.COM database.. (4, Insightful)

Shakrai (717556) | more than 9 years ago | (#8390103)

i suppose this would be of questionable legality, but say you got permission from the original music creators- then what?

Would this even be illegal? If I sell you my old paper journal that I wrote in with ball-point pen (after ripping out the pages I've used) and neglect to rip out the first few blank pages and you color them in with a pencil and recover my private thoughts is that your fault or mine?

Likewise, unless you sign some sort of "I won't try to recover data from this device" agreement, how would it be illegal? Even then it would be civil -- not criminal.

Re:the MP3.COM database.. (2, Informative)

chimpo13 (471212) | more than 9 years ago | (#8390160)

Well, since mp3.com never paid my band money they owe us, I say you have my permission to rip us off too. Not that anyone cared -- they're on the site for free -- but since mp3 said they owed us money, the weasels should've paid it.

Re:the MP3.COM database.. (0)

Anonymous Coward | more than 9 years ago | (#8389885)

Hmm.. I wonder why mp3.com isn't selling the songs.. maybe it's because the ARTISTS OWN THEIR SONGS, not mp3.com? Or wait, do you want the recording industry to pwn everything the artists produce?

Re:the MP3.COM database.. (1)

gl4ss (559668) | more than 9 years ago | (#8389888)

why should they.. they can like.. umm... sell it as elevator muzak?

see earlier slashdot articles on it.

$100 SAYS THAT 'JOCEYLN PARFITT'=ANTI-SLASH TROLL (-1, Flamebait)

Anonymous Coward | more than 9 years ago | (#8389994)

1) Very high UID. 2) Got second post right after a known first-post wizard. 3) Only has 2 posts so far but both are Score 5. 4) The fact that a "female" handle was used is just more mod fodder. Face it, PARENT = TROLL.

nah (0)

Anonymous Coward | more than 9 years ago | (#8390061)

i'm not part of anti-slash. stop being a paranoid dumbass.

-jp

LISTEN TWAT: DON'T FIGHT THIS BATTLE (-1, Offtopic)

Anonymous Coward | more than 9 years ago | (#8390141)

YOU'VE BEEN WARNED

Re:maybe they sold other things.. (1, Interesting)

Anonymous Coward | more than 9 years ago | (#8390032)

Its wierd, i had two [somehow] accounts at mp3.com, both using specific-for-that email addresses...MP3.com goes up for sale, and i start getting dating-spam to these two addresses. long live capitalism or something.

Re:the MP3.COM database.. (2, Interesting)

Shakrai (717556) | more than 9 years ago | (#8390136)

Too bad they aren't selling the mp3 database itself! All those songs, lost.. there should be a law or something.

Are they actually gone forever? Are the new owners going to delete the database? I know when my agency acquires another company I convert all of their data to be compatible with our system -- but I don't destroy or delete the original data. Even if we no longer need it.

DVD-Rs/tapes and hard drive space is cheap. Why would you delete anything?

Maybe we'll see it reappear a few years from now. Doubtful but you never know.

Those Dumb Chairs (5, Insightful)

ackthpt (218170) | more than 9 years ago | (#8389838)

Internet Bubble

It seemed to me that MP3 went due to the lawsuits and harrassment from RIAA, not because they had a particularly flawed business model (aside from the music sharing thing), though a Hummer, Harley, Pool table and other junk does suggest an overeagerness to burn through capital.

The items up for sale include lots of those dumb Herman Miller Aeron chairs

I'd still like to get one of those, but with the price of shipping and gas being what it is, I'm better off looking for one around where I live. I could certainly use a new laptop, but there's piles of those around for cheep.

I've tried the Aeron chair out and it seemed like a decent chair, are they not all they appear?

I had one of those swedish (or whatever they were) chairs you kneel in and found my upper back became very sore, so that didn't last.

Re:Those Dumb Chairs (5, Interesting)

ThrasherTT (87841) | more than 9 years ago | (#8389913)

Aerons are quite nice, especially if you get the "fully featured" ones. I used one for about a year at one job, and now even 4 years later, I still long for an Aeron. It's not like they're going to massage you while you sit there, but they are quite comfortable, and since the "fabric" has lots of holes in it, they keep you cooler than a standard chair does.

Re:Those Dumb Chairs (4, Insightful)

raygundan (16760) | more than 9 years ago | (#8390019)

I got one the way everybody else who has one at home did-- I waited for an auction, and bought one for 1/4 price. Check ebay, too.

Well worth it-- but you *have* to spend the time to adjust it to make it work for you. They don't feel much different when you're just sitting in it-- you notice the difference at the end of the day when you're not sore from sitting in a chair. But everybody's different, and I'm sure as many people dislike them as like them, even after adjustment and extended use.

Re:Those Dumb Chairs (1)

ThrasherTT (87841) | more than 9 years ago | (#8390071)

1/4 of the price, eh? That's pretty lucky! The best I've seen/heard at local (Washington, D.C.) auctions has been around 1/2 retail price.

You have a good point on the adjustments. At the same job, several people were less-than-thrilled with the Aerons, and I suspect that they either didn't sit in them enough (non-coders), or didn't take the time to set the chair up correctly for their body/posture.

Re:Those Dumb Chairs (5, Funny)

mbadolato (105588) | more than 9 years ago | (#8390053)

and since the "fabric" has lots of holes in it, they keep you cooler than a standard chair does.

They also dissipate farts quite nicely! What fun are they if you can't share them with your coworkers ? :)

Re:Those Dumb Chairs (4, Funny)

shystershep (643874) | more than 9 years ago | (#8390133)

This is both a blessing and a curse. I agree that it is nice to share, but at the same time it is nice to let one slip quietly, which is much more difficult without the padding of a regular seat.

Re:Those Dumb Chairs (2, Insightful)

Here I Stand (746333) | more than 9 years ago | (#8389999)

are they not all they appear?

i used one for 3 or 4 years and it was very comfy indeed. i think the rap that they sometimes get has to do with the idea of paying so much for a chair or possibly envy on the part of commentators who had the misfortune to work for companies with more utilitarian views of office furniture.

Re:Those Dumb Chairs (0)

Anonymous Coward | more than 9 years ago | (#8390021)

The Aeron's are VERY nice to work in.

But pricy. I wouldn't buy one for my house, but I steal one of my coworkers all the time.

He steals it back. (No, it isn't a dotcom, we just happen to have a couple of them floating around our engineering group.)

Re:Those Dumb Chairs (1)

Bilestoad (60385) | more than 9 years ago | (#8390022)

There's nothing dumb about an Aeron chair unless your boss won't buy you one or you can't afford it. I bought myself one (yes, $750 worth) and never regretted it.

Re:Those Dumb Chairs (1)

nosilA (8112) | more than 9 years ago | (#8390102)

I've been "fortunate" enough to have an aeron at several workplaces, although admittedly I've never been properly fitted for one. I find it to be a very mediocre chair that is incredibly difficult to adjust. I have worse backaches than I did in college, despite having an excellent bed and not carrying around a 50 pound backpack. I think the chairs in the conference rooms here (which aren't cheap, but are cheaper) are better chairs than the Aeron at my desk. My favorite chair is the one I have at home, which I bought for under $200.

I would much rather sit in a chair that cost half as much and get a better monitor, but for some reason my employer believes that a "better" chair is more important than a better monitor.

-Alison

Re:Those Dumb Chairs (1)

justMichael (606509) | more than 9 years ago | (#8390035)

They are nice, not sure they are worth the price though.

Just a tip, if you get one, don't keep your wallet in your back pocket when you are sitting in it. The mesh that they use is like a cheese grater and you will wear holes in your pants failry quickly.

Maybe it's just me though, I tend to fidget a bit. Now where is my coffee cup??

Re:Those Dumb Chairs (4, Interesting)

kfg (145172) | more than 9 years ago | (#8390111)

The kneeling chairs take a bit of getting used to. You have to adjust your position to the desk a bit, they aren't just a "drop in" replacement for a standard chair.

They also take a bit of time to build up the necessary muscular structure. People who sit in standard chairs have woefully underdeveloped trunk muscles, since the chair is explicitly designed to use as few muscles as possible, as seldom as possible.

It becomes a feedback cycle. The more you use a standard chair, the more you need one.

If you're willing to adapt your desk to the chair, rather than the other way around, a simple and common Japanese meditation bench will replace the sort of kneeling chair you are talking about. The trick for comfort with these is to place the bench on a zabuton, not directly on a hard floor.

What I like to use though is a simple platform, about 30"x36" on which one can sit crosslegged, move around, change postion constantly, etc. These can be built at normal chair hight for use with a standard desk.

Once you get used to these and build up a certain amount of supporting musculature you'll be loath to every go back to a standard chair. No matter how "ergonomic" a chair is it just isn't designed to hold a person in a position for which human body was designed. The old Greek and Roman benches on which one relined were far more suitable for human use.

Good luck getting one into your office though.

KFG

Heh. (5, Funny)

SandSpider (60727) | more than 9 years ago | (#8389845)

The items up for sale include lots of those dumb Herman Miller Aeron chairs that were so popular

Very clever, trying to convince everyone not to bid on the Aeron chairs in order to keep the costs down.

=Brian

Re:Heh. (1)

nycsubway (79012) | more than 9 years ago | (#8390012)

Also trying to keep the price of the laptops and workstations down.

"... hopelessly out of date ..."

But all that junk that they had is amazing! Why would you need an arcade? Why have a Hummer? Pool tables, etc. Why?

If the people who were doing the purchasing had actually made the money themselves, they wouldn't have been spending it like water.

Re:Heh. (0)

Anonymous Coward | more than 9 years ago | (#8390051)

Back then it was thought that you needed to have all of those luxury items to attract the cream of the crop. Now all you need is a paper hat and a microphone so they can take orders for Big Macs.

Re:Heh. (2, Funny)

uberdave (526529) | more than 9 years ago | (#8390095)

Yeah. No mention about how the shoddy hummer has no passenger room, that it's rusting, and gets poor mileage. Clearly he is hoping to score the chairs while everyone is focussed on a cheezy yuppie-mobile that no one in their right mind would bid on, if they looked past the glitzy exterior. In fact, I suggest that everyone just forget the hummer and bid on the chairs.

Slashdot: home of expert furniture critics? (5, Informative)

koreth (409849) | more than 9 years ago | (#8389870)

The prices might have been ridiculously high, but those Aeron chairs are pretty comfortable. I got one as a gift way back when they first came out, before they were hot items -- benefits of having relatives in the interior design biz -- and I still use it every day. I can stay comfortably seated for marathon coding or gaming sessions with no backache or sore muscles afterwards, which isn't true of most other chairs I've had over the years. (Yes, I do take breaks ordinarily, but on occasion I'll be deep into something and not notice how much time has gone by, a feeling I'm sure is familiar to many Slashdotters.)

So by all means knock the fad surrounding it, but it's pretty silly to knock a perfectly good piece of furniture just because it became fashionable for a brief time.

Re:Slashdot: home of expert furniture critics? (2, Funny)

DAldredge (2353) | more than 9 years ago | (#8390049)

I can say the same thing about a chair that I bought at Office Depot in Dallas for $149.00. It even has the little holes in it.

Questions need to be answered! (4, Funny)

bc90021 (43730) | more than 9 years ago | (#8389871)

Who the hell is "Pootie" [cowanalexander.com] ?

What the hell is This Thing [cowanalexander.com] ?

Does all This Stuff [cowanalexander.com] come with the hat and the giant Pez?

Inquiring minds want to know!

Oh, and dibs on the Rocket Ship [cowanalexander.com] . ;)

Re:Questions need to be answered! (0)

Anonymous Coward | more than 9 years ago | (#8389979)

Ya know, that site looks suspiciously like cowanalextender.com

Moo.

Re:Questions need to be answered! (5, Informative)

mcmonkey (96054) | more than 9 years ago | (#8389997)

Does all This Stuff come with the hat and the giant Pez?

Just a heads up, the giant Pez container just has many packs of normal Pez inside, not the giant Pez candies we crave.

Re:Questions need to be answered! (5, Informative)

tedtimmons (97599) | more than 9 years ago | (#8390043)

I dunno what Pootie is/was. Behind that rack are probably some Rimage CD burners. DAM CDs anyone?

"this thing" is just an artsy piece. I always snickered, because it looks like a condom. The silver stuff is a stretchy fabric. It doesn't go up and down, even though it looks like it might.

"this stuff". Heh. I don't know whose office that was. Those desks are really cool- the two sections are adjustable. There's a crank so you can bump them up and down.

The rocket ship is from the College Tour, where Goo Goo Dolls showed their reliance on ProTools.

MP3.com died because they lacked a solid business plan.

-ted, at mppp from July 99 to Jan 03.

Sad Sad Sad (0, Troll)

litewoheat (179018) | more than 9 years ago | (#8389877)

A company with that much crap with no revenues totally deserves to die. I hope the founders are in jail right now. Although they probably aren't Well then I hope they're bankrupt. But again they're probably on a beach somewhere getting a tan while earning interest on their ill gotten gains...

Extra stuff (3, Interesting)

savagedome (742194) | more than 9 years ago | (#8389879)

servers and notebooks that are probably hopelessly out of date

But if these machines have hard drivers still hooked up, then there might be lots of interesting stuff lying around on those (maybe mp3s too!)

Re:Extra stuff (2, Interesting)

MP3Chuck (652277) | more than 9 years ago | (#8389965)

"maybe mp3s too!"

I wouldn't be suprised ... it's my understanding that they didn't delete them. In fact people who had streaming links in their playlist reported that they were working for some time after the site officially shut down.

Though as much personal information they had, between artists and listeners, I hope they at least gave the HDD's a once-over formatting.

Video games... (2, Informative)

iiioxx (610652) | more than 9 years ago | (#8389892)

According to the photos, auction items also include a few full-size arcade cabinets (no big surprise, they're pretty much a dot-com staple).

Re:Video games... (2, Interesting)

stratjakt (596332) | more than 9 years ago | (#8389953)

More than a few, they had a 10,000 sq foot arcade full of pool tables, foosball and arcade cabinets.

I'd proably bid on a couple of the machines, but crating and shipping to the east coast would cost more than they're worth.

Re:Video games... Couldn't do better than Galaga? (3, Funny)

Life2Short (593815) | more than 9 years ago | (#8389962)

Yeah but Galaga & Ms. Pacman? Sheesh! And I thought I was hard up for entertainment... I appreciate the classics as much as the next fellow, but come on... A coporation might stand out with a Tempest machine, but I think if I were interviewing with a firm and I saw Galaga & Ms. Pacman, I'd like to think that the handwriting was on the wall...

Re:Video games... Couldn't do better than Galaga? (0)

Anonymous Coward | more than 9 years ago | (#8390143)

I'd like to think that the handwriting was on the wall...
Minor nit pick - this is one of those "I could care less" (you could? Then you do care?) or "We're going to go through it with a fine toothcomb" (what's a toothcomb? A comb for teeth?) things.

It's either "the hand writing (...) on the wall" (ie you're refering to the hand itself, doing the writing) or "the writing (...) on the wall" (ie refering to the writing itself, the text on the wall.) It's not "the handwriting on the wall" (which would be refering to the style. That's a bit like saying "The italic on the wall" or "The red on the wall".)

Anyway, it's a pet peeve, I thought I'd mention it.

Aeron Chairs... (4, Insightful)

bc90021 (43730) | more than 9 years ago | (#8389901)

Yeah, sure, these chairs [cowanalexander.com] came to symbolise the greed of the Dotom Bubble, and they may be "dumb and popular", but there's no denying one thing: they are comfortable. Ask anyone who's ever sat in one, and they will agree. Definitely not worth the $750 per chair that my company paid for them at the time, but they are very comfortable.

Re:Aeron Chairs... (1)

philbert26 (705644) | more than 9 years ago | (#8389980)

Yeah, sure, these chairs came to symbolise the greed of the Dotom Bubble, and they may be "dumb and popular", but there's no denying one thing: they are comfortable. Ask anyone who's ever sat in one, and they will agree. Definitely not worth the $750 per chair that my company paid for them at the time, but they are very comfortable.

Wow, I used to have one of those chairs when I worked for the government. I didn't know that they were so expensive. They sure are nice, though. I wish I had one right now. Hey...

Re:Aeron Chairs... (1, Funny)

Anonymous Coward | more than 9 years ago | (#8390003)

And here I am sitting on an old 486 full tower which I've been using as a chair for the past week... yeah, sure, rub it in.

Re:Aeron Chairs... (1)

Joseff (756472) | more than 9 years ago | (#8390040)

I worked at Mondera.com during its start up (during the dotcom boom) and was introduced to these chairs. These things are so comfortable that when I left I asked if I could take one. Of course they said no. The Bums :(

Re:Aeron Chairs... (5, Funny)

p4ul13 (560810) | more than 9 years ago | (#8390105)

I saw the URL "cowanalexander.com" and briefly thought "Cow Anal Exander dot Com?!?!". What sick bastards are posting here, and what the hell is an 'exander'?

Sorry.

This explain alot (3, Funny)

El (94934) | more than 9 years ago | (#8389911)

What in their business model suggested to them "You know, we could make a LOT more money delivering music online if me spend company funds to buy a Harley and a Hummer!"

Correction (1, Funny)

ThousandStars (556222) | more than 9 years ago | (#8389914)

"...Plus, they've got pictures!"

I'd like to amend the blurb to: "Plus, they had pictures, until they were posted to the front page of slashdot."

This comes from the ~20th comment.

A Hummer? (3, Funny)

vijayiyer (728590) | more than 9 years ago | (#8389918)

Maybe if companies like MP3.com used their VC to build their businesses rather than buy Hummers, so many wouldn't have gone under. I bet you can't even listen to MP3s over the roar of the diesel in that thing...

Re:A Hummer? (1)

ackthpt (218170) | more than 9 years ago | (#8390027)

Maybe if companies like MP3.com used their VC to build their businesses rather than buy Hummers, so many wouldn't have gone under. I bet you can't even listen to MP3s over the roar of the diesel in that thing...

What? Hummer is not the trademark of success? The current California Guv was one an early adopter, how can you associate having a Hummer with impending doom...

Ah, sh!t, never mind... Mar. 2, election. Watch the big debt bond issue go to the masses to approve.

Re:A Hummer? (1)

tedtimmons (97599) | more than 9 years ago | (#8390075)

I don't think it belonged to us at MP3.com.. I think they are throwing them in from some other account. MP3.com was leasing a Jeep Cherokee for a while, that was the only 'company vehicle'.

-ted, mppp 7/99-1/03

Re:A Hummer? (5, Funny)

myg (705374) | more than 9 years ago | (#8390137)

Ahhh how I miss the good old days when corrupt business men purchased a different kind of hummer with corporate money.

Aerons "Dumb"? (5, Insightful)

TPIRman (142895) | more than 9 years ago | (#8389919)

The pricey Herman Miller Aeron chair may have become a symbol of dot-com excesses, but to call it "dumb" is going overboard -- it's a great chair. It's gotten somewhat of a bum rap because many people never take the five minutes to adjust the chair to their body shape. Once you make the proper adjustments, it's heaven [egrindstone.co.uk] . I never understood why you wouldn't properly calibrate a "peripheral" that you use 100% of the time while you're working. Treat your ass with respect!

why pick on the Aeron? (5, Interesting)

Anonymous Coward | more than 9 years ago | (#8389934)

lots of those dumb Herman Miller Aeron chairs that were so popular

You got something against the Aeron? I'm sitting in one right now, I've been using it everyday for years, it is hands-down the best chair I've ever plopped my ass down in.

I used to have back pains every morning after sitting a lot, and discomfort after long coding sessions, even with an alarm that I set to tell me to stand up every 30 minutes. But all that went away with the Aeron, it is a "life changer".

It got popular during the boom, like every expensive luxary item. How come you don't say "big dumb Hummer trucks", it seems like every dotcom CEO had one.

Just sticking up for a good product. I have several other Herman Miller products, including a *very* nice Eames lounge chair, they are worth the money.

same old story? (5, Insightful)

nil5 (538942) | more than 9 years ago | (#8389942)

I participated in the Enron auction, and let me tell you it was utterly a waste of time. The prices really were hardly less than retail value, and considering that the equipment was used (i was mostly interested in computers and lcd's) it was overpriced. What you had were lots of dumb folks out there that jacked up the prices so that nothing was really all that good of a deal or anything to be surprised about. I swear there were used 15" LCD's going for $4-500. You could buy one from BestBuy for that price last year.

I'm just really skeptical about these auctions. I found that it really wasn't worth the effort of getting registered, calling in, etc.

Re:same old story? (5, Insightful)

Bilestoad (60385) | more than 9 years ago | (#8390098)

So now you know how auctions work, eh? If there weren't "dumb folks out there that jacked up the prices" why would anyone go to the trouble of arranging an auction? Ever sold anything on eBay? Try an experiment - sell some old crap with plenty of pictures and a gushing description and watch the money roll in - it's uncanny how some people want garbage.

MP3.com timeline (5, Informative)

dtio (134278) | more than 9 years ago | (#8389964)

Here's a quick, brief MP3.com timeline:

July 1999 - MP3.com floats, raising $344 million.

August 2000 - MP3.com pays Sony $20m in damages for copyright infringement

September 2000 - MP3.com pays Universal $250m in damages for copyright infringement

May 2001 - Vivendi Universal announces intention to purchase MP3.com

Vivendi-Universal's former chief executive Jean-Marie Messier bought MP3.com for $372m in 2001 and integrated it into Vivendi Universal Net. The rise of file-sharing, the dot.com crash and perceptions of MP3.com as a 'sell-out' resulted in the investment failing to meet its potential.

November 14, 2003

MP3.com to close

CNET has acquired MP3.com and will be shutting down the downloading service. According to an email sent to MP3.com subscribers, the site will no longer be available as of December 2nd. According to the same email, CNET is planning to launch a service in the future.

Feb 25, 2004

Complete Liquidation of 100,000 sq ft facility - 100s of Servers (Sun, Compaq, HP, & Dell) Clarion EMC Storage - 100s of PCs, Notebooks, Printers - 100s of Herman Miller Aeron Chairs - 10,000 sq ft health club - Pool Table, Foosball, Video Arcade Games, Ping Pong. Artwork, Collectable Musical instruments, Contemporary Furniture & more...

Re:MP3.com timeline (0)

Anonymous Coward | more than 9 years ago | (#8390009)

Feb 26, 2004:

Profit!!!

Re:MP3.com timeline (1)

LoudMusic (199347) | more than 9 years ago | (#8390162)

Complete Liquidation of 100,000 sq ft facility - 100s of Servers (Sun, Compaq, HP, & Dell) Clarion EMC Storage - 100s of PCs, Notebooks, Printers - 100s of Herman Miller Aeron Chairs - 10,000 sq ft health club - Pool Table, Foosball, Video Arcade Games, Ping Pong. Artwork, Collectable Musical instruments, Contemporary Furniture & more...

What the heck are they doing with all this hardware? How can it possibly be required? A horrible waste of resources.

Exactly why.... (5, Insightful)

BWJones (18351) | more than 9 years ago | (#8389969)

This is exactly why these companies went belly up. You barely have a product in an ill defined niche with no real defined revenue stream. Yet, the company is able to build all sorts of cool little baubles, model rocket ships, framed guitars, high end ass buckets, Hummer automobiles, work out equipment etc...etc...etc... from start up capital.

This is exactly why I want to see first hand any startup company that I am interested in investing in. Field trips aren't just for grade schoolers.

Re:Exactly why.... (2, Insightful)

Shakrai (717556) | more than 9 years ago | (#8390052)

Yet, the company is able to build all sorts of cool little baubles, model rocket ships, framed guitars, high end ass buckets, Hummer automobiles, work out equipment etc...etc...etc... from start up capital.

Anyone who invests in a start-up company or OTC stock without checking it out first deserves what they get.

On a more insightful note do you this was part of the tech bubble or the more recent trend towards corporate corruption? Why the hell would anyone waste limited start-up funds on hummers unless they weren't serious about seeing the company succeed in the first place?

Re:Exactly why.... (1)

SeinJunkie (751833) | more than 9 years ago | (#8390068)

This is exactly why I want to see first hand any startup company that I am interested in investing in. Field trips aren't just for grade schoolers.


I found this out the hard way 8 months ago, when I invested in that fly-by-night Colonial Museum.

The Hummer (4, Interesting)

ThogScully (589935) | more than 9 years ago | (#8389970)

The Hummer has 50,000 miles on it and it's on its second engine. What did they do to that thing?
-N

pop up ads (0, Flamebait)

noldrin (635339) | more than 9 years ago | (#8389985)

Well, I'm glad those stupid ads that danced over the screen I was trying to look at served some useful purpose for the company.

Those chairs rock (0, Redundant)

ChaosDiscord (4913) | more than 9 years ago | (#8390006)

"dumb Herman Miller Aeron chairs"? Those dumb chairs rock. They're extremely adjustable. They're extremely comfortable, and not in a lounging around way, but in a "I could sit here working at my computer for eight hours a day and not grow to loathe my chair" way. They may be expensive, but they're great chairs. Are they worth the price? That's a more personal question. Personally, as soon as I find a moderately priced used one I plan on getting one for my home.

(Aerons are great chairs, but they have one big weakness: the cheese grater effect. The nylon mesh backing is nice and cool in warm weather, but in the winter when it's tool that mesh shreds sweaters. I ended up putting an old t-shirt over the back of mine at work.)

Freaking Stupid Excess (5, Funny)

toupsie (88295) | more than 9 years ago | (#8390010)

No wonder this company couldn't make a profit. They have more freaking workout equipment [cowanalexander.com] than the Crush fitness center in lower Manhattan. What the hell does an "Internet Company" need with a washer/dryer, fooseball tables, pool tables, electronic dart boards, more workout equipment than a Manhattan gym, stand up arcade games, massage tables, autographed size 20 sneakers and other non-business related crap? If I were an investor in MP3.com, I would have shoved that autographed size 20 sneaker up some CEO's butt. Outrageous!

These guys appear to be so wasteful, I bet they used sharpies on whiteboards and just threw them away after each meeting. And we wonder why there was such an Internet bubble and a recession.

I'd hardly call MP3.com a victim of the bubble... (5, Insightful)

JayBlalock (635935) | more than 9 years ago | (#8390017)

Except perhaps by being too successful. Remember, at the same time that Napster was grabbing headlines, MP3.com was the legitimate face of the online music biz. They were saying everything that the RIAA didn't want anyone to say, and worse, they were making money at it. (not to mention providing a highly attractive alternative to traditional record contracts) Contracted composers like those hired to do video games found it to be a perfect outlet for releasing music that had an audience, but wouldn't rate an actual CD release. Major groups were even releasing singles on MP3.com and profitting greatly from it.

Then they got bought out by Vivendi-Universal, and suddenly dropped completely off of the radar, only to be quietly shut down once they were forgotten.

Hmmmmm.

Re:I'd hardly call MP3.com a victim of the bubble. (1)

ThePretender (180143) | more than 9 years ago | (#8390093)

But now what happened? Are these same people who were making money from putting music there doing so elsewhere? Is there a similar model? I posed the question in the form of a rejected Ask Slashdot submission a while back: Where are people who used to put their music on mp3.com putting it now? Is anybody making money doing so?

Re:I'd hardly call MP3.com a victim of the bubble. (1)

tedtimmons (97599) | more than 9 years ago | (#8390106)

Too successful? At what? Giving away bandwidth and disk space?

MP3.com desperately needed to get rid of the crap. Allowing people to freely upload music wasn't a good idea- you get a lot of crap that nobody cares about, including the person who uploaded it.

Maybe charging $50/year would have cut the 80% of music that was such crap.

Hummers? (1)

Bendebecker (633126) | more than 9 years ago | (#8390018)

Forget the hummers, dude. Anyone else see the arcade machines? Galaga, Ms. Packman, Raiden II, Soul Edge...

Maybe it's me (1)

denofslack (537114) | more than 9 years ago | (#8390037)

I can't help but wonder why mp3.com went under. It could have been the Hummer, or the Harley, or the Aerons -- sure, it could have been a combination of everything.

But could you really expect anything from a company that can't even tell time [cowanalexander.com] .?!?!

Last I checked, there was only a 3 hour difference between San Diego and NY.

Loads of techie interesting stuff (3, Interesting)

kbahey (102895) | more than 9 years ago | (#8390041)


Some of the stuff is teenage oriented.



However, if you look at the photos from the link in the article, there is :


and other goodies for those who live near La Jolla in San Diego.

Alot of collectibles (1)

superpulpsicle (533373) | more than 9 years ago | (#8390048)

I know this sounds crazy but years from now things from the Internet Boom Era will be serious collectibles.

Machines from the industrial revolution eras are now priceless. So keep some of these pentiums and .com registration paperwork for your grand kids etc etc.

A bunch of stuff! (3, Interesting)

LoudMusic (199347) | more than 9 years ago | (#8390057)

What in God's name were they doing with all that computer hardware? It's a website with a database. In a single picture there were several (five?) Sun Enterprise level servers, any one of which could do everything by itself.

I see two problems.

A) People have dumb ideas and think "the Internet" and more computers will help them make money.
B) Some other idiots loan the idiots in problem A more money than is required.

They've got a bunch of cool stuff though.

It's a shame. (5, Interesting)

Robotbeat (461248) | more than 9 years ago | (#8390064)

As an artist that had music offered on MP3.com, I am very disappointed that MP3.com died. It's very sad, really. I've listened to bands for the first time on MP3.com which I later went out to buy a CD of. The people who suffer most from this failure is the underground music scene. The ability to get your sound out to a large audience was really a good thing for both the artists (free distro, big audience) and the listeners (free songs from a wide variety of music). All my favorite bands (MeWithoutYou, Nina Pinta and the Santa Maria, Zao, etc.) had a few free songs offered on MP3.com, and it was great if you ever wanted to show someone else some cool band. If MP3.com closed because of lawsuits, it's likely partly because major labels (or corps like ClearView) felt threatened by the ability to hear any new band out there from any musical style without being controlled by the major labels. And the idea of free AND legal music downloading must have been horrible to them. As far as those people who want to control my freedom to express myself to a large audience and to support talented bands without having to pay a large record label (most of the bands are on indie labels, if any label), I hope they rot in AO*cough*L.

Tornado Foosball Table (1)

md17 (68506) | more than 9 years ago | (#8390087)

You all may laugh, but I seriously want this thing [cowanalexander.com] There is nothing like a Tornado table.

DUMB AERON CHAIRS (0)

Anonymous Coward | more than 9 years ago | (#8390088)

The items up for sale include lots of those dumb Herman Miller Aeron chairs that were so popular

Being an industrial designer myself I can say that professionally speaking, Aeron chairs are probably the best designed ergonomic chairs in existance. Of course, Herman Miller does sell other exquisite chairs, but nothing else in itself can compare to what the Aeron offers. I do not work for Herman Miller, but I studied quite a bit in human factors in college (for design).

I fit when I was 23 (5, Funny)

Tablizer (95088) | more than 9 years ago | (#8390090)

The items up for sale include lots of those dumb Herman Miller Aeron chairs that were so popular

I tried one of those at a used furniture store recently. I was too damned fat for it. Like everything else of the dot-com era, it seemed geared around hyper 23-year-olds.

Re:I fit when I was 23 (0, Flamebait)

Anonymous Coward | more than 9 years ago | (#8390127)

maybe you should lose some weight? i dont know of many chairs that are designed for fatasses.

Maybe not last bubble (1)

maliabu (665176) | more than 9 years ago | (#8390109)

if they can get big money out of this auction (probably indicating people are bidding on their MP3.com-pre-owned 'sentimental' values), maybe it itself is not the last dotcom bubble yet.

by the way i almost didn't click on the URL because it says cow..anal..

dumb herman miller chairs? (1)

hopstah (751270) | more than 9 years ago | (#8390116)

come on! i work for herman miller, those chairs are sweet! best office chair ever!

MP3 Independent Artists alive and well (5, Informative)

Anonymous Coward | more than 9 years ago | (#8390118)

The MP3 Independent Artist database continues to be maintained by Trusonic.com which was a business subsidiary of MP3.com. Many of the artists granted permission to transfer their material to that business and therefore it has not been lost as widely reported.

The Independent Artists enrolled in the Trusonic music and messaging programs are receiving regular royalty checks.
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