Skip to Content

This cache has been archived.

Equinox017:

March 7, 2003: [i]$80 Million Later...[/i] cache is placed.
January 31, 2005: [i]$80 Million Later...[/i] cache is archived.

[b]Elapsed time: 696 days.[/b]

Coincidentally:
March 22, 1999: DMC1 Corporation (later to be called Zoho) was incorporated in Delaware.
February 15, 2001: Second round of layoffs. Following the 1st (and supposedly only) round by only two weeks it makes it clear that the company is dying.

[b]Elapsed time: 696 days.[/b]

More
<

$80 Million Later...

A cache by Equinox 2002 Send Message to Owner Message this owner
Hidden : 3/7/2003
Difficulty:
1 out of 5
Terrain:
2 out of 5

Size: Size: regular (regular)

Join now to view geocache location details. It's free!

Watch

How Geocaching Works

Please note Use of geocaching.com services is subject to the terms and conditions in our disclaimer.

Geocache Description:

Ammo box near a defunct dotcom.

Terrain is flat. High grass (occasionally cut) make last few meters a slight challenge for strollers.

The cache contains the only items that remain of a once very well funded company. (And, yeah, I realize it's burstingly full to begin with.) PLEASE TRADE FOR SOMETHING ELSE OF REASONABLE QUALITY WITH A COMPANY LOGO ON IT.

I appreciate you keeping the quality of the contents high.

Zoho Corporation was to be the "Zenith of Hospitality Online". A marketplace where hotels, resorts and the businesses that supply them could buy and sell, well, whatever they needed. Sheets for housekeeping, pens for the front desk, seed for the groundkeeper, etc. Think of it as a specialized Amazon for hotels.

After raising and, of course, spending approximately 80 million dollars in just over two years all that remains of Zoho is a faded sign in front of the building, the memorial zoho.org site, and items like those contained in this cache.

It was a good idea and the company was filled with dedicated and truly smart people who worked loooong hours to build a quality product and a successful business. But "The Powers That Be" tried for far too much far too fast and burned through a lot of cash. (At one point at the rate of $2,000,000 a month. $5,000 a day per employee!)

Sure, it ended with no customers, no employees, no money. But we've got T-shirts! And mouse pads, and wrist rests, and polo shirts, and umbrellas(!), and pens, and golf balls, and hats, and jackets, and towels, and button-down shirts, and golf bags(!!), and sport duffle bags, and coffee mugs, and cups, and wine(!!!), and...

An Historic Overview (for greater details, see the zoho.org site)

1999

In March, DMC1 Corporation was incorporated. The company was supposed to be DRC Corporation (the initials of the founders' last names), but co-founder Constantin Delivanis mistakenly chose the "M" instead of the "R" from long-time partner and co-founder "MR" Rangaswami's name.

With such mistakes (omens?) was the company begun.

By the end of the year the company had a new name (Zoho), 25 employees, a pre-pre-release version of the software, and one order placed.

2000

A CEO was hired. Major customers were signed. Millions and millions (and millions) of dollars were raised. Additional product lines were developed. Acquisitions were made. A huge customer service facility was organized. International offices were opened. Billiard and Ping Pong tournaments were won. Holiday and beach parties were held. A cruise set sail. And millions and millions (and millions) of dollars were spent.

By the end of the year the company had new offices, 200 employees, over seven product releases under its belt and an inability to handle more than ten simultaneous customer logins.

2001

In January the CEO proclaimed a bright future. The web server started crashing every few hours. The source control system lost all copies of dozens of files. The CEO voluntarily resigned, and took 39 non-volunteers with him in the first of several layoffs.

In February, in March, in April, in May additional massive layoffs occured until there were only eight employees left to help the liquidators.




Click To Rate This Cache


Permissions   Special
Equipment
  Conditions and
Recommendations
  Hazards   Facilities and
Conveniences
Dogs are allowed Bicycles are allowed     Recommended for kids and the entire family Can be completed in less than one hour     Parking is available nearby
Motorcycles are allowed         Public transportation is available nearby Drinking water is available nearby
       
    Available every day and at all hours Recommended for night caching Available during all seasons, including winter    
Created by the Geocaching Icons Generator.


Additional Hints (Decrypt)

[Occasionally someone has a more difficult time than expected finding it, so some spoliers:] 1) Va gur vil. 2) Haqre gur gerr ng gur pbeare bs gur cnexvat ybg. 3) Gur fvqr bs gur gerr njnl sebz gur ohvyqvat.

Decryption Key

A|B|C|D|E|F|G|H|I|J|K|L|M
-------------------------
N|O|P|Q|R|S|T|U|V|W|X|Y|Z

(letter above equals below, and vice versa)



 

Find...

196 Logged Visits

Found it 169     Didn't find it 13     Write note 13     Archive 1     

View Logbook | View the Image Gallery of 2 images

**Warning! Spoilers may be included in the descriptions or links.

Current Time:
Last Updated:
Rendered From:Unknown
Coordinates are in the WGS84 datum

Return to the Top of the Page

Reviewer notes

Use this space to describe your geocache location, container, and how it's hidden to your reviewer. If you've made changes, tell the reviewer what changes you made. The more they know, the easier it is for them to publish your geocache. This note will not be visible to the public when your geocache is published.