Tech

Where some legends of the dot-com era are now

CNBC correspondent Tom Costello reports on the sharp rise in the Nasdaq Composite at the Nasdaq Market Site in Times Square in New York, January 3, 2000.
Reuters

The Nasdaq Composite is approaching the 5,000 mark once again, a level the tech-heavy index hasn't reached since March 2000. Now, 15 years later, let's look back at the dot-com bubble legends who helped the index balloon to record highs at the turn of the century.

Louis Borders

In this July 23, 2003 photo, KeepMedia Chairman Louis Borders rests in a sea of magazines for a photo at the company’s headquarters in Redwood Shores, Calif.
Ben Margot | AP Photo

THEN: Founder of Webvan. Valuation was $7.5 billion.

NOW: Founder of Mercury Startups, start-up incubator in Palo Alto, California

Borders founded his online grocery store business, Webvan, in 1999 but it went bankrupt two years after its initial public offering.The founder of the long-gone Borders Books & Music chain now focuses on developing and financing other start-ups.

Julie Wainwright

Julie Wainwright, co-founder and CEO of The RealReal, poses for a photograph in San Francisco, July 12, 2011.
David Paul Morris | Bloomberg | Getty Images

THEN: Founder of Pets.com. Valuation was $369 million.

NOW: Founder of TheRealReal.com, online luxury retail store

Wainwright was running Pets.com when it folded in 2000 to become one of the biggest dot-com flops. She's done a lot since then and her San Francisco-based consignment website, which focuses on luxury items, has been successful thus far. It was on track to generate over $100 million in revenue in 2014.

Toby Lenk

Toby Lenk, CEO of eToys, is shown in this undated handout photo.
eToys | AP Photo

THEN: Founder of eToys. Valuation was $10.3 billion.

NOW: Keeping a low profile

Lenk left Disney to found eToys in 1997 but it went bankrupt towards the end of the boom. The site is now owned by Toys "R" Us as of 2009. He later became the president of the e-commerce portion of the clothing retailer Gap.

David Bohnett

Honoree David Bohnett is shown at the AJC Los Angeles' Ira E. Yellin Community Leadership Award in Beverly Hills, Calif., Jan. 29, 2014.
Michael Kovac | WireImage | Getty Images

THEN: Founder of GeoCities. Was bought by Yahoo for $5 billion in 1999.

NOW: Philanthropist, chairman of the David Bohnett Foundation in Beverly Hills, California

Bohnett founded the media and e-commerce company in 1994 which was once ranked one of the four most-trafficked sites on the internet. It went public and was later acquired by Yahoo in 1999. Now his foundation helps provide funding and technical support to arts, educational and civic programs.

Stephan Paternot and Todd Krizelman

Slated Chairman Stephan Paternot speaks at the Film Independent Forum in Los Angeles, Oct. 26, 2013.
Angela Weiss | WireImage | Getty Images

Paternot and Krizelman THEN: Co-founders of theGlobe.com. Valuation was $840 million.

Paternot NOW: Co-founder of Slated, online film industry marketplace in Los Angeles

Krizelman NOW: Co-founder of MediaRadar, ad tech company in New York City

Paternot and Krizelman were Cornell students who founded the social networking service, theGlobe.com, in 1994. It went public four years later to a lot of buzz, only to have its stock collapse soon after. It closed shop in 2008.

Paternot went on to found Slated, an online film industry marketplace. Krizelman co-founded MediaRadar, which provides real-time advertising sales data.

Joseph Park

Kozmo.com CEO Joseph Park makes a delivery on his moped in New York, in this Dec. 1, 1999 photo.
Evan Kafka | Liaison | Getty Images

THEN: Founder Kozmo.com. The IPO was withdrawn.

NOW: VP at Forever 21

Park helped co-found kozmo.com, which promised to deliver everyday goods for free by bike messenger. It attracted a lot of investment, about a quarter of a billion dollars, before it too crashed in 2001.

The Harvard Business School graduate is now the VP of global e-commerce at clothing retailer Forever 21.

Jim Clark

Jim Clark, left, and Marc Andreessen, co-founders of Netscape Communications Corporation, the software company that released the popular web browser Netscape, are seen outside their office in Mountain View, Calif., in this undated photo.
Netscape Communications Corporation

THEN: Co-founder of Netscape. Acquired by AOL for $10 billion in 1999.

NOW: Retired and sailing the super yacht Comanche

The Netscape co-founder (shown here with co-founder Marc Andreessen in 1995) entered the billionaire's list after astute investments in tech companies like Apple and Twitter.

The former Stanford professor is now retired and sailing his new super yacht that cost millions to build and can reach a speed of 40 mph.

Jim Kimsey

Former America Online CEO James Kimsey and television personality Rana Walker arrive at the 30th annual Kennedy Center Honors in Washington, Dec. 2, 2007.
Getty Images

THEN: Founder of AOL. Valuation was at $226 billion after the announced merger with Time Warner in 2000.

NOW: Philanthropy, Kimsey Foundation, in Virginia

In 1985 the military veteran founded what was then called Quantum Computer Services. It later became known as AOL in 1990 and had more than 27 million subscribers at its peak. AOL was spun back out of Time Warner in 2009 and is currenlty worth a little over $3 billion.

Now Kimsey focuses on philanthropy through his foundation and supports initiatives from the arts to education.

Terry Drayton

Terry Drayton delivering storage boxes for Storrage.com
Source: Storrage.com

THEN: Co-founder of HomeGrocer. Valuation was $2 billion.

NOW: Founder and CEO, Storrage, in the greater Seattle area

The online supermarket debuted on March 10, the day the index peaked in 2000. The Kirkland, Washington-based company had $21.6 million in annual revenue and a net loss almost four times that large. Webvan, acquired HomeGrocer in June 2000 before plummeting into bankruptcy a year later.

In 2013 Drayton founded Storrage, a storage service for $25 a month by the box that picks up and delivers from and to your door.