dot-com bubble

(redirected from Dotcom 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.
References in periodicals archive ?
Once suppliers finally did additional production capacity, it was too late, as the dotcom boom subsided in the early 2000s.
The problem was that many people bought into the market when the dotcom boom was at or nearing its peak.
Critics have said Bitcoin is going through a bubble similar to the dotcom boom, whereas others say it is rising in price because it is crossing into the financial mainstream.
Living in Silicon Valley at the height of the dotcom boom, he worked with clients including Nike, Motorola, HP, Compaq and MTV.
Propelled by a fading dotcom boom, it was all downhill from there; it has taken 14 years to bounce back.
In a letter to her clients informing them of her retirement Ms Dodd outlined the ups and downs of the past four decades, including tumultuous events such as the miners' strikes, Margaret Thatcher's first election victory, the hurricane and crash of 1987, the Gulf and Iraq wars and the dotcom boom and bust.
the share price to levels seen in the dotcom boom era.
London's index of leading shares finished the day up 27.8 points, or 0.4%, at 6,865.86, taking the companies to their highest close since 30 December 1999, when the index finished at 6,930.2 at the height of the dotcom boom. The figure at the close of business on Monday was the second highest ever recorded by the index and leaves it well-positioned to push on to a fresh peak.
Most commentators think that the record of 6930.2, set during the dotcom boom more than a decade ago, will be breached in 2014.
During the dotcom boom at the end of the 90s, the share price rose to more than PS10.
THE last big auction of the airwaves saw the Government rake in PS22.5 billion during a bidding frenzy by mobile phone operators at the height of the dotcom boom.