Richard didn't even know what was happening with his Manchester City at the time, because he was very busy himself.
Internet and Computers.
It all began in 1995.
Just adding ".com" to a company's name could send its stock price soaring. The stock market was engulfed in a frenzy of speculation and hysteria.
Companies like Cisco became symbols of the dot-com bubble. As internet mania swept across the world, Cisco dominated the essential networking equipment market, making its stock price surge feel almost inevitable.
And it all started around the time AT&T dumped NCR in 1995, just as the dot-com bubble was beginning to form. If they had held on just a little longer, they might have reaped massive profits. But unfortunately, there are no "ifs" in business. They missed the opportunity that was right under their noses.
Of course Richard didn't know any of this yet. But in his own way, he was walking the same tightrope.
