DotCom Bubble in California: Rise and Burst of Internet Companies in the Late 1990s
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The document summarizes the DotCom Bubble that occurred from 1997-2000 in the United States. During this period, many new internet-based companies were established with large financial backing. However, starting in 2000, many of these companies began failing and declaring bankruptcy as the bubble burst. While some countries like Ireland saw economic growth, the bubble did not have severely negative international influences overall.
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DotCom Bubble in California: Rise and Burst of Internet Companies in the Late 1990s
- 1. The DotCom Bubble in California s1190034 Masayuki Takei
- 2. Outline • Background • Introduction • What happened • Burst • International Influence • East Asia Influence • Summary • Reference
- 3. Background • Internet spread in general in early 1990s. • A lot of persons are interested in IT. • Venture business have increased.
- 4. Introduction • economic phenomenon that indicates extreme stock price rise. • From 1997 to 2000 in the USA. • In other words, Internet Bubble.
- 5. What happened • A lot of people have established a new enterprise using internet. • Large amount of supports are supplied for young people who want to establish a new enterprise. • Almost these companies name includes .com , so this bubble name is DotCom Bubble .
- 6. Burst • Unlikely companies had bankruptcy once at a time. • So, DotCom bubble had bursted in 2000. • Many investors lost large amount of money by the DotCom bubble.
- 7. International Influence • In Ireland, they accomplished the economic grew that names Miracle of Celt . • The bubble gave India economy a good influence. • Almost country didn t suffer large damage.
- 8. East Asia Influence • In china, there are not large influence because of the boom had just become familiar with Chinese companies. • In Japan, there are only definite influence because of investigate related with IT is partially that.
- 9. Summary • The bubble is the rapid change. • Only steady venture company can survive. • International bad influence is not large.
- 10. Reference • https://www.princeton.edu/ achaney/tmve/ wiki100k/docs/Dot-com_bubble.html • http://wiki.mises.org/wiki/Dot-com_bubble