The return of boo.com
Do you remember boo.com and its spending spree through the first dotcom boom that frittered away £80m of other people's money? No? Well, it's back. Kind of.
An Irish company, Web Reservations International, has bought the URL and relaunched it not as a fashion brand but as a travel site.
They haven't disclosed the figure but they have told me "they paid ten times less than what it cost when it was first sold by the founders" whatever that might be.
Is it worth resurrecting a URL like that? Is Boo particularly valuable? I don't think it is. I just carried out a snap office survey (SOS) and the results were virtually no one had heard of Boo.
That's not to say it’s a bad name, its short and memorable, but is that enough?
Web Reservations International describes itself as the "leading online travel company"? I wish people wouldn't use the world leading particularly when no one has ever heard of them (that said it claims to have handled more than €300m in annual bookings last year). I'm not sure how that makes you the "ultimate online destination for travel", maybe it's ultimate in the way that the original Boo was going to be in the world of fashion. A grand enterprise with a great big whole in the middle.
Boo was perhaps the ultimate dotcom story. A tale of such glorious excess that it finally managed to waste £80m (but hey it was only VC cash, so no harm no foul) and hire so many people – a staggering 300. Oh that ominous in hindsight – before it went under and got snapped up by Fashionmall.com before it too closed.
No word if the travel guys are bringing Ms Boo back, she's been much missed.
If you haven't read it, you should snap up a copy of the book written by Boo founder Ernst Malmsten. He was if you remember the twenty-something Nordic poet who wrote Boo Hoo: A Dotcom Story. It's a fiver on Amazon.







