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The dot com bubble in california
 

The dot com bubble in california

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week 12

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    The dot com bubble in california The dot com bubble in california Presentation Transcript

    • * s1160085
    • **What is the Dot-com bubble*History of the Dot-com bubble*Growth*The bubble bursts*Aftermath*List of companies significant to the bubble*Reference
    • **The dot-com bubble was a speculative bubble covering roughly 1995-2000 during which stock markets in industrialized nations saw their equity value rise rapidly from growth in the more recent Internet sector and related fields.
    • **The dot-com bubble started without the world wide web, and indeed in the beginning it didn’t even recognize the Internet as Important.*In the 1995, the dot-com bubble started in America.*In the 2001, the dot-com bubble collapsed.
    • **Many companies starting a business using the Internet. These companies were called “dot-com” companies.
    • **On March 20, 2000, the NASDAQ has lost more than 10 percent from its peak (what is index peaked at 5,048.62).*Many of IT associated companies were gone into bankruptcy.*The number of U.S. IT related jobless people in 2002 amounted to 560,000 people.
    • *
    • **Several communication companies could not weather the financial burden and were forced to file for bankruptcy.*Several companies and their executives were accused or convicted of fraud for misusing shareholder’s money.*Various supporting industries, such as advertising and shipping, scaled back their operations as demand for their services fell.
    • **Startups.com was the “ultimate dot-com startup.” Went out of business in 2002.*GeoCities, purchased by yahoo! For $3.57 billion in january 1999. Yahoo! Closed GeoCities on October 26, 2009.*Boo.com, spent $188 million in just six months in as attempt to create a global online fashion store. Went bankrupt in May 2000. etc.
    • ** http://en.wikipedia.org/wiki/Dot-com_bubble* http://www.nethistory.info/History%20of%20th e%20Internet/dotcom.html* http://www.wisegeek.com/what-was-the-dot- com-bubble.htm