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 ?
Moreover, the rise fit nicely with the Internet boom, sparking talk that higher productivity levels might be a permanent condition brought on by wider connectivity and lower technology costs.
Charlie and other BBC stars have been free to sign up for lucrative website deals because contracts preventing them selling their names for advertising were drawn up before the Internet boom.
In preparation for the internet boom that is expected as a result, two of the five mobile operators have already launched 3G broadband services.
Aram Mkrtchyan, Orange Armenia Marketing Director, said: Today we are observing the second wave of internet boom, which is more considerable in regions.
16, 2012 /PRNewswire/ -- ABC News delivered a realistic look at the body ad tattoo phenomenon, a trend that grew in popularity with the internet boom, but did not bust along with many of the dotcoms that still appear on Mr.
GERMANY'S largest telecoms company, Deutsche Telekom, was in the dock this week as investors claimed it misled them during the internet boom.
Those are the same famous last words uttered during the Internet boom.
2 trillion record for deals set in 1999 at the height of the internet boom.
Formerly an industrial conglomerate called GEC, Marcon i tried to cash in on the internet boom by focus-ing on building telecoms equipment.
Except for 2000 and 2001, when the state was awash in tax revenue from the Internet boom, the politics surrounding the passage of the state budget have been shrill and hard-fought.
Wi-Fi's sheer cheapness could solve the infamous "last mile problem" of connecting the world's cities to the oceans of fiber-optic capacity laid in the late '90s Internet boom.
Coming at the tail end of the Internet boom, most of the "good" names, as well as plenty of the unmarketable ones, were snapped up in a speculation frenzy.

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