{"id":281,"date":"2004-08-26T11:33:32","date_gmt":"2004-08-26T16:33:32","guid":{"rendered":"http:\/\/sepiamutiny.com?p=281"},"modified":"2005-01-14T00:48:18","modified_gmt":"2005-01-14T05:48:18","slug":"cry_me_a_river","status":"publish","type":"post","link":"http:\/\/sepiamutiny.com\/blog\/2004\/08\/26\/cry_me_a_river\/","title":{"rendered":"Cry me a river  &#8211; &#8220;Mr. Hotmail&#8221;, no more"},"content":{"rendered":"<p>It&#8217;s tough to pity the guy &#8211; <a title=\"CNN.com - 'Mr Hotmail' seeks new challenges - Aug 26, 2004\" href=\"http:\/\/www.cnn.com\/2004\/BUSINESS\/08\/25\/bhatia.hotmail\/index.html\">CNN.com &#8211; &#8216;Mr Hotmail&#8217; seeks new challenges &#8211; Aug 26, 2004.<\/a><\/p>\n\n<blockquote>(CNN) &#8212; As the inventor of Hotmail, Sabeer Bhatia is the pin-up of India&#8217;s IT revolution; the boy from Bangalore who went to Silicon Valley and made his fortune.\n\nBhatia was in his mid-20s when he developed the idea of web-based email accounts in 1995, raising $300,000 in investment to launch the revolutionary service the following year.\n\nWithin 12 months Hotmail had 10 million users and Bhatia had sold his creation to Microsoft for $400 million.<\/blockquote>\n\n<blockquote>Launching his new company in 1999, a one click e-commerce venture called Arzoo.com, Bhatia claimed it had the potential to be twice as big as Hotmail. By mid-2001 the dotcom bubble had burst and Arzoo had folded.<\/blockquote>\n\n<blockquote>&#8220;The last couple of years I was quite depressed because I didn&#8217;t have an idea or a vision or a goal that would be world-beating like Hotmail. I often wondered if that would be the only success that I would have at the end of my life.<\/blockquote>\n\n<blockquote>&#8220;I would rather not be known as Mr Hotmail anymore,&#8221; he says. &#8220;What is in the past is over. Now I&#8217;m looking for the next big thing.&#8221;<\/blockquote>\n\n<p>Don&#8217;t get me wrong, I have respect for Hotmail and Mr. Bhatia BUT, can&#8217;t he and his fawning masses attribute just a tad of his fortune to Timing and Luck?  Hotmail was one of the keystone companies of the bubble &#8211; no revenue but lots of eyeballs.  In any other world, it wouldn&#8217;t have been a name-making $400M venture&#8230;.. There&#8217;s a helluva lot of <a href=http:\/\/en.wikipedia.org\/wiki\/Fundamental_attribution_error>Attribution Error<\/a> goin&#8217; on&#8230;<\/p>\n\n<p>Maybe I&#8217;m just jealous.   \ud83d\ude09<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It&#8217;s tough to pity the guy &#8211; CNN.com &#8211; &#8216;Mr Hotmail&#8217; seeks new challenges &#8211; Aug 26, 2004. (CNN) &#8212; As the inventor of Hotmail, Sabeer Bhatia is the pin-up of India&#8217;s IT revolution; the boy from Bangalore who went &hellip; <a href=\"http:\/\/sepiamutiny.com\/blog\/2004\/08\/26\/cry_me_a_river\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[9],"tags":[],"_links":{"self":[{"href":"http:\/\/sepiamutiny.com\/blog\/wp-json\/wp\/v2\/posts\/281"}],"collection":[{"href":"http:\/\/sepiamutiny.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/sepiamutiny.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/sepiamutiny.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"http:\/\/sepiamutiny.com\/blog\/wp-json\/wp\/v2\/comments?post=281"}],"version-history":[{"count":0,"href":"http:\/\/sepiamutiny.com\/blog\/wp-json\/wp\/v2\/posts\/281\/revisions"}],"wp:attachment":[{"href":"http:\/\/sepiamutiny.com\/blog\/wp-json\/wp\/v2\/media?parent=281"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/sepiamutiny.com\/blog\/wp-json\/wp\/v2\/categories?post=281"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/sepiamutiny.com\/blog\/wp-json\/wp\/v2\/tags?post=281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}