dot-com bubble

(redirected from Dot-com craze)

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 ?
This is a lesson the world learnt the hard way with Dutch tulips in Rembrandt's Amsterdam, Louisiana swampland in Louis XV's Paris, Kuwait's Souk Al Manakh, the 1980s Tokyo property bubble, the 1990s Silicon Valley dot-com craze, Wall Street US subprime mortgage and toxic credit derivatives and Australian iron ore crash.
When everything was red-hot, everybody and their brother wanted to go into the business," she said, likening the exuberance to the dot-com craze of the late 1990s, when many underqualified young people tried their hand, unsuccessfully, at day-trading.
Nor is it clear how we all knew that LTCM's failure or the post-September 11 malaise posed grave risks to the system, but could seriously doubt that the dot-com craze was a bubble.
It kind of reminds me of the dot-com craze to purchase premium domain names.
Instead of creating a corporate marketplace, an idea whose heyday peaked with the dot-com craze, the digital world will start to more closely resemble the real world, Johnson suggests.
When the stock market shot up in value, particularly during the three years when the dot-com craze was like a narcotic, giving went up proportionately.
At the height of the dot-com craze, Gofish had not only stuffed its coffers with that $42 million in venture capital funds, but reached an agreement with the Seafood Alliance, a consortium of nine international seafood companies to purchase product online, and seemed poised to follow the lucrative-yet-unproven road to going public.
Unlike the for-profit business incubators that sprung up amid the dot-com craze, nonprofit incubators have been around for years, says Kathy Kregel, director of the Fort Collins nonprofit.
The dot-com craze got brought back down to earth, but many of the technologies are here to stay and are changing the way companies are engaging in their processes," said Dick Roby, director of the insurance group at TowerGroup.
So he and roomie Skobin began to noodle on a way they could join the dot-com craze.
Her resume includes a highly successful run with Ernst & Young's Business and Technology Consulting Group, in addition to being front-and-center during the latter half of the dot-com craze.
Waldrop, whose Nashville-based company will not be at AFP, said the dot-com craze in the nonprofit sector correlated to what has occurred in the for-profit sector.