Home » Timeline Stories » Monumental Failure
Coming out of Y2K, we formed a company called NexTec Global Strategies that carried forward many of the same strategies that proved successful for Y2K. The company opened in early 2000 in top-floor, Class-A space in the Lynnwood Corporate Center. Within six months, the dot-com crash hit. Technology companies, including NexTec, got hammered. We opened and closed our doors within a span of six months, only blessed by the fact that we were able to sublease our space to a Canadian firm which also paid us cash for all of the furnishings. We learned our lessons, brushed ourselves off, and looked for the next opportunity.
Coming out of Y2K, we formed a company called NexTec Global Strategies that carried forward many of the same strategies that proved successful for Y2K. The company opened in early 2000 in top-floor, Class-A space in the Lynnwood Corporate Center. Within six months, the dot-com crash hit. Technology companies, including NexTec, got hammered. We opened and closed our doors within a span of six months, only blessed by the fact that we were able to sublease our space to a Canadian firm which also paid us cash for all of the furnishings. We learned our lessons, brushed ourselves off, and looked for the next opportunity.
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