dot-com bubble

(redirected from Internet 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 ?
Private equity funds have a similar record, with a little blip for the internet boom of the late 1990s.
But what we are not seeing is businesses on the Internet to take full advantage of that Internet boom and growing their business through the Internet.
When the Internet boom took hold in the 1990s, there were dire predictions that the arrival of online trading would severely undermine the wealth management industry.
Zha Jun, president of Huawei s Fixed Network product line, commented In the face of the growing Internet boom, we will strengthen our investments in ultra-broadband networks and roll out advanced technologies and innovative solutions to facilitate service evolutions and create larger value for our customers.
At the start of the Internet boom, courts expected online services to basically be the police for Internet copyright.
Summary: At the start of the Internet boom, courts expected online services to basically be the police for Internet copyright.
He says that there has been an Internet boom in the country in the last four years.
During the 1990s telecom and Internet boom, Nortel had more than 95,000 employees.
Given current downward trends in the cost of internet access and mobile devices, India is on the verge of an Internet boom.
The company generated enormous profit in the subsequent digital communications boom but ran into financial trouble after 2000 and the collapse of the Internet boom.
Kayak is a break-out company from the latest Internet boom and raised $91 million in an initial public offering in July.
Its surging share price propelled its value to 621 billion dollars (pounds 395 billion), beating the record for market capitalisation set by Microsoft in the heady days of the internet boom.

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