IntroduceService over the Internet is extensive, nowavailable on easy street of the Internetenvironment that surrounds us every day wouldbe comfortable. However, some people would have beenforced a great deal of trouble in the socialphenomenon called the .com bubble in thepeople on the other side of the computer toprovide such services. I refer to this bubble disturb the IT industry nowthis.
Outline1. Background of .com bubble2. What is the .com bubble3. How did companies and individuals suffer?4. What was the impact of the this bubble in the financial sector.5. Impact of IT technology by .com buuble6. Summary7. Reference
What is the .com bubbleThe bubble is to cause a sharp rise in stockprices and a steep decline in the short period oftime.Since that happened in the IT industry toprovide a service over the Web is mainly this, itwas became known as the .com bubble.And, Many venture company go bankrupt inconflict, the bubble burst.
Background of .com bubble Will be able to exchange large amounts ofinformation and in the 1990s, can be realized e-commerce business. IT venture IT industry is in company rises. the spotlight. Investors who are not familiar with IT will be able to invest their money.
Companies and Individuals sufferBankrupt many IT-related venture, in 2002 thenumber of unemployed people in the UnitedStates related to IT has reached 56000 people.And now is the only venture of some largecompanies like Google have survived.Thereafter, Became the IT environment-relatedinvestment is to be done carefully, it is difficultto entrepreneurship.
Impact in the financial sector● In 1990~2000, US Fed raised interest rates 6 timesAfter that,● NASDAQ Composite 5048.62● NASDAQ drops 4% before trading commences!● Stock prices down 9% as well.
Impact of IT technology by .com bubble A lot of investment is made in the industry IT, this caused a bubbles as a result, not all that detrimental. IBM Google SoftBank Yahoo！ Rakuten Amazon Our lives have become very rich in decades. It is thanks to advances in IT. Excellent company might have been used effectivity this huge investment.
SummaryBy investment is made without losing thedifference between the understanding oftechnology between companies and investors,without any time to verify the dangers, of whichthis is an example of which would cause abubble. We should proceed with its operations on athorough understanding of the benefits andrisks of technology to advance research.