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dot-com bubble |
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Refers 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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? Mentioned in | ? References in periodicals archive | |
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Actually, despite breaking the dotcom bubble and the 9/11 attack, the United States did not lose jobs during the first term of Bush's presidency. com), which competes in an industry that has undergone wrenching changes similar to those in auto: When the dotcom bubble burst, suddenly there were a whole lot of prospective Leap chair customers looking for work, not furniture. The plans were hatched during the dotcom bubble in California but were realized during the subsequent bust when school and county finances took a big hit. |
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