This follow up interview seems to be focused a lot on capital and very little on the product. IIRC, they never really got the software up and running. Yet, even now, there doesn't seem to be a recognition that the lack of product was a core issue. Maybe it's just WSJ tailoring the article to their audience, but this whole storyline seems out of whack.
BTW, my favorite dot-com movie is the satire "Dot". If you've never seen it, try to find a copy.