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dot-com bubble |
Also found in: Wikipedia | 0.07 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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Atom, which was started in the late 1990s as a short-film Web site, survived the dot. Officials say the route is losing money and blame the poor results in part on the dot. In theory, online grocery delivery businesses should fare better in Latin America than they did in the United States, where many flopped with the dot. |
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