User:Wikip rhyre/Fast five (consulting)
The "Fast Five" were a new group of publicly-traded consulting firms that developed in the mid 1990s to capitalize on the rapid commercial development of the Internet.
The firms grew rapidly, often at over 100% per year, based on intense demand for their services. [1]
Despite the aggresive business development, most of the firms stock prices and prospects collapsed in the early 2001, due to the collapse of the "Internet bubble" as well as increased competition from established technology consulting firms.[2]
Firms in the "fast five"[edit]
- VIANT (internet consultancy) - absorbed into divine Inc.
- Scient - absorbed into iXL
- Razorfish
- iXL - merged into Razorfish
- USWeb/CKS/MarchFIRST