dot-com bubble

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dot-com bubble

The late 1990s during which countless Internet companies were riding an enormous wave of enthusiasm that pushed their stock valuations into the stratosphere even though they never made a penny. Billions in venture capital were given to entrepreneurs with little or no experience to fund ideas that were ludicrous. It was a crazy time, and people were very excited. With all of the nonsense, many dot-coms did survive, and countless concepts and techniques were developed that continue today. Compared to other industries, one must keep in mind that the Internet is still in its infancy! See dot-com and New Economy.
References in periodicals archive ?
The booming Solar Industry , quite reminiscent of the dot com boom in the 90s, is quickly pervading the energy market through major mergers, corporate partnerships and government subsidies.
5billion, but that was in 2000, at the peak of the dot com boom.
Cuban, who earned his fortunes during the dot com boom by selling Broadcast.
com in 1999 at the height of the dot com boom, but launched it just as the bottom fell out of the market.
But the number of foreign IT workers who entered the country was three times as many as during the dot com boom.
They panicked themselves into selling shares - at the absolute bottom of the market - when the dot com boom turned into dot gone.
The Alliance also helped lure the kind of high tech companies that populated downtown during the dot com boom with its Plug 'n' Go program, which matched tenants with office space accommodative of their telecommunications and technology needs.
The update includes 200 new entries, including "the dot com boom and bust, Clinton's impeachment, the events of September 11, and American's war on terrorism.
Someone should tell the creditors that the dot com boom is over - Bertelsmann's offer is a good one.
Web services and Grid $140 billion spend will dwarf dot com boom
3Com, of course, had its name long before the dot com boom was even thought off, but although staring it in the face the firm has failed to cash in on the phenomenon and it is probably too late now.