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dot-com bust

The years 2000 to 2002, when the bottom fell out of the dot-com industry and hundreds of dot-com companies went bankrupt. The companies that survived lost a huge amount of their stock valuation. See dot-com bubble.

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.

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