A new story from The Indicator from Planet Money


Maybe <Speech_Female> <SpeakerChange> pets.com <Speech_Female> could've figured out <Speech_Music_Female> their business model eventually <Speech_Music_Female> <Speech_Music_Female> but <Speech_Music_Female> they ran out of money <Speech_Music_Female> and they ran <Music> out of time. <SpeakerChange> <Music> <Music> <Silence> <Speech_Male> <Speech_Male> Okay <Speech_Male> forget everybody and <Speech_Male> back year with juliet. <Speech_Male> What a story <Speech_Male> julia. <Speech_Male> Also <Speech_Male> i <Speech_Male> want to close with <Speech_Male> a kind of intriguingly <Speech_Male> positive <Speech_Male> spin on <Speech_Male> these tech companies. The <Speech_Male> nineties that you have <Speech_Female> these companies <Speech_Male> that did not make any <Speech_Female> money and <SpeakerChange> crashed spectacularly. <Speech_Female> I <Speech_Female> mean i don't know if it's <Speech_Female> positive vibes in <Speech_Female> the long term. <Speech_Female> But i can say <Speech_Female> one thing for sure. <Speech_Female> A lot of the <Speech_Female> dot com companies <Speech_Female> were actually great <Speech_Female> ideas that <Speech_Female> were just way ahead of their <Speech_Female> time so like <Speech_Female> there was a grocery <Speech_Female> company called web. <Speech_Female> Van dot com. That delivered <Speech_Female> groceries to your house. <Speech_Female> Like freshdirect <Speech_Female> does today <Speech_Female> and cosmo dot <Speech_Female> com had a lot of similarities <Speech_Female> to instacart <Speech_Female> and <Speech_Female> good old pets.com <Speech_Female> pets.com. Today <Speech_Female> i'm thinking <Speech_Female> it's chewy <SpeakerChange> <Speech_Female> exactly <Speech_Female> and <Speech_Female> chew. We just had an ipo <Speech_Female> that valued <Speech_Female> the company at eight <Speech_Female> point seven billion <Speech_Female> dollars <Speech_Female> <SpeakerChange> though he <Speech_Female> again. I guess <Speech_Male> joy this is <Speech_Female> fascinating because <Speech_Female> suggests that <Speech_Male> even though these companies <Speech_Male> were <Speech_Male> kind of a joke <Speech_Male> in hindsight <Speech_Male> <Advertisement> like they <Speech_Music_Male> <Advertisement> flamed out <Speech_Music_Male> so amazingly <Speech_Male> <Advertisement> a lot of them actually <Speech_Male> <Advertisement> had pretty good ideas <Speech_Male> for where the economy <Speech_Music_Male> <SpeakerChange> would end <Speech_Music_Female> up heading eventually. <Speech_Female> Yeah and technology <Speech_Female> and infrastructure <Speech_Music_Female> <Advertisement> had to like grow <Speech_Music_Female> <Advertisement> around it so now <Speech_Music_Female> <Advertisement> <SpeakerChange> is a much better <Speech_Music_Male> <Advertisement> time than then <Speech_Music_Male> <Advertisement> juliette. Thank <Speech_Music_Male> <Advertisement> you so much And <Speech_Music_Male> <Advertisement> tell our listeners. Please <Speech_Music_Male> <Advertisement> where they <Speech_Music_Male> <Advertisement> can hear you. Tell more of <Speech_Music_Male> these wild <SpeakerChange> tales from <Speech_Music_Female> the dot com ninety <Speech_Music_Female> eight. <Speech_Female> It's the gopher <Speech_Female> broke podcasts from <Speech_Female> box media and epic <Speech_Music_Female> studios and you can <Speech_Music_Female> buy it wherever <Speech_Music_Female> free. Podcasts <Speech_Music_Female> are sold. <SpeakerChange> It's <Speech_Music_Female> actually free. <Speech_Music_Male> Nice <Speech_Music_Male> this episode <Speech_Music_Male> of the indicator was <Speech_Music_Male> produced by britney cronin <Speech_Music_Male> in fact check <Speech_Music_Male> <Advertisement> by. Sean donya <Speech_Music_Male> <Advertisement> our editors patty <Speech_Music_Male> hirsch and the indicator <Speech_Music_Male> is a production <SpeakerChange> <Music> of

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