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
The 13 most WTF gadgets From the weird to the gross, these 13 gadgets will make you wonder why they even exist. More
Best-loved cars in America These cars and trucks topped J.D. Power's APEAL survey, which measures how much owners like their new vehicles. More
America's most powerful cars A new 'horsepower war' has erupted among U.S. automakers and these are the most potent weapons in their arsenals. More

Special Offer
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.