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dot-com bubble |
Also found in: Wikipedia | 0.03 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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Investors who poured money into these companies on the heels of the dot-com crash hoped they would take profits to the bank in short order. SAN FRANCISCO - Venture capitalists accelerated their investment pace by 11 percent in 2004, marking the first year that the industry has poured more money into startups since the dot-com crash. In 2000 he jumped to the international operations of Nextel as CEO, just in time for the dot-com crash. |
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