dot-com bubble

(redirected from Dot.com bust)

dot-com bubble

Throughout the late 1990s, countless Internet companies were riding an enormous wave of enthusiasm that pushed their stock valuations into the stratosphere even though they never earned a penny. In the dot-com bubble, billions of dollars in venture capital were given to entrepreneurs with little or no experience to fund ideas that were ludicrous. It was an emotional time, and people were very excited. In spite of the nonsense, many dot-coms did survive, and concepts and techniques were developed that continue today in other companies and other forms. See dot-com company, dot-com bust and New Economy.
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References in periodicals archive ?
savings and loan crisis in the 1980s and 1990s, the 1997 Asian crisis, the 2000 dot.com bust, the terrorist attacks of September 11, 2001, the 2007 subprime collapse that began in the United States, and the 2010 European debt crash.
Many of the companies that failed during the dot.com bust proved to be little more than a marketable idea in a white hot capital markets environment.
"In particular, the 2008 crash was the last push many plan sponsors needed to move in this direction after the dot.com bust." But, Cary adds, even without the financial crisis, the outsourced CIO trend would have grown, as investment complexity and pension funding rules made the role more attractive.
Recent history quite clearly suggests that the two best times to have been purchasing stocks were just after the dot.com bust and the real estate bubble burst.
Looking back, the last decade started pretty badly for the industry with the telecom and dot.com bust from 2001-03.
Cloud computing is being advertised as the biggest game-changing force in business since the dot.com bust of the late 1990s.
On first blush this might sound like the pie-in-the-sky promises by companies in the heady days before the dot.com bust. But the model has distinct advantages for manufacturers who can set their own prices, take tire retail margin and share delivery costs with multiple manufacturers.
There was not yet a glimpse of dot.com bust. Google was a university project called Backrub; the world had not conceived Facebook, Bebo, MySpace or Twitter.
It was at Digital Equipment where STORServer's founders were working at the onset of the dot.com bust that led to the company ultimately pulling up stakes on its Colorado Springs manufacturing operation.
It gave a false alert in early 2002, when the dot.com bust had a year to turn, spreading havoc beyond the tech and telecoms shares where it had started.
In the past decade, ever optimistic Americans have few major adjustments in their free-spending lifestyles, even through the shocks of a dot.com bust, terrorist attacks, foreign wars, a stalled housing market and more.
Thanks to his rate cuts, Greenspan was able to isolate the damage from the 2001 dot.com bust, and kept the economic fallout to a minimum.