It would appear that the dotcom crash has not yet bottomed out, after a US firm today announced the launch of novelty toilet paper designed to look like tickertape displaying the stock prices of struggling new media companies.
The creators of the loo roll, two entrepreneurs who stood back from the dotcom share buying frenzy of 1999 and 2000, said they were flushed with the humour of their invention.
"All our co-workers wanted was to hear how great they were for buying Amazon and Priceline," said John Zappa, one of the gimmicky loo roll's inventors. "They used to say we didn't know what we were talking about. The toilet paper was a kind of a 'Revenge of the Nerds' thing."
Zappa added that the venture would not follow the dotcoms that it mocks straight down the pan. "Buyers usually fall into two categories: those who lost money investing and who can laugh at themselves; or someone who knows somebody who lost and buys the toilet paper to rub their nose in it."
Dubbed Venture Crapital, the $9.95 rolls are to be marketed with slogans including "No hype and all wipe" and "Let's potty like it's 1999". The companies featured on the toilet paper, including Yahoo, Amazon and BroadVision, are understood not to be bowled over by the product.
However, demand for the rolls has been strong with orders coming from such unlikely places as an internet investment analyst at Morgan Stanley who has been giving gifts of the loo roll to clients.
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