Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

6 of 10
BACKNEXT
Go.com
Go.com
The dot.com bubble was a magical time when just about any company thought it could create a competitive Internet portal. But even though it was the company that owned the Magic Kingdom, Disney found out that the dot.com bubble wasn't so magical after all.

In 1998, Disney set up Go.com to compete with the likes of Yahoo and AOL. Go.com grew out of a merger of Disney's online properties like ABC.com and ESPN.com with the search engine Infoseek.

In November 1999, Disney even created a tracking stock for Go.com, a separate class of stock that reflected the performance of the new Web property.

But Go.com never really got going, unable to grow its user base by more than 21 million visitors per month -- less than half of AOL and Yahoo in 2000 and 2001. One likely reason for its lack of success: Being owned by Disney, Go.com restricted adult material.

In January 2001, Disney announced it would shut down Go.com, and the company took a write-off of $790 million. Disney never actually shut down the site, which is now just used as a hosting site for ESPN.com and ABC.com.

NEXT: Flooz.com
Last updated March 10 2010: 9:38 AM ET
Email | Print | Share  |  RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
More Galleries
Top luxury hotel suites for business travelers For many people, you can't put a price on comfort. More
Million-dollar startups: These firms scored big sales their first year Their first year in business, these companies generated $1 million in sales. More
The 10 best states for retirees It might be worth moving to a new place to find your dream retirement home. Check out these 10 states. More

Special Offer