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dot-com bubble |
Also found in: Wikipedia | 0.01 sec. |
dot-com bubbleRefers to 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. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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In the late 1990s, as the stock market took off and the dot-com bubble grew, venture capital firms, which invest in emerging companies, dominated the headlines. The dot-com bubble, in which Lilker thrived, heralded an emerging and fast-growing market in technology work, which, with its characteristic flexibility and adaptability, Lilker pursued. So in June 1999, at the tail end of the last great dot-com bubble, Dobbs jumped headlong into Space. |
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