dot-com bubble

(redirected from .com boom)

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.
Copyright © 1981-2019 by The Computer Language Company Inc. All Rights reserved. THIS DEFINITION IS FOR PERSONAL USE ONLY. All other reproduction is strictly prohibited without permission from the publisher.
References in periodicals archive ?
After spotting a gap in the market for competitively priced laptops at the start of the '.com boom', he launched LaptopsDirect and then went on to acquire several similar troubled businesses.
Within a very short time of the discovery of the Cleveland ironstone deposits, iron companies were springing up almost like mushrooms - akin to the .com boom of recent years.
Also, the VCs are not as naive as they were in the .com boom period, as present day investment heavily favors projects that solve real problems.