With the dotcom bubble
The dotcom bubble is abnormal high tide of
actual demand investment and the equity
investment of the dot.com company which
stood around a market of the United States of
America at the end of 1990s.
Much IT-related ventures called "the dot-
com company" were established, and the stock
prices abnormally rose from 1999 through
2000, but I took it in 2001, and the bubble split
With less concentration and much IT
companies took action earlier. Therefore the
stakeholder of the venture business did record
growth. And the growth became bigger
because I got many rivals. And the low interest
of 1998-99 helped this growth.
The Nasdaq composite index of the
NASDAQ with many communication-related
brands changed with around 1,000 in 1996, but
I exceeded 2000 in 1999 and showed 5048 of
the top on March 10, 2000. Similar tendency
was seen in not only American shares but also
Europe, Asia and the stock market of Japan.
Such venture company founder who went
public inside had vast wealth in its hand and
accelerated a venture establishment boom
around Silicon Valley.
The bubble bursts
The bubble bursts
In the collapse of the stock prices, much IT-
related ventures were driven into the
bankruptcy, and the American IT-related
unemployment of 2002 reached 560,000. The
company support fund around the Silicon
Valley was forced to reduction and the abolition
temporarily, and only some ventures including
Google, Amazon.com and the e- bay survived.
The direct investment of the IT-related
company occurred successively in small
country Ireland where had low wage cost in the
English zone in European countries, and
Ireland achieved the economic growth called
"the miracle of the Celts" to this boom. As for
the bubble burst, the blow to economy of
Ireland was not decisive. Investment software-
related in India with much English population
increased and had a good influence on
economy of India.
Communication, cell-phone connection stock
mainly existing as for what was targeted for
investment because most companies withdraw
from OS war in the book, and many fields
including a browser and the search engine
development have already played second fiddle
to the United States company, computer
connection stock, semiconductor,
communications cable or optical
communication, Osaka cable broadcasting, a
newly-listed stock including Sofmap.
significant to the
・Boo.com, spent $188 million in just six months
in an attempt to create a global online fashion
store. Went bankrupt in May 2000.
・Startups.com was the "ultimate dot-com
startup." Went out of business in 2002.
・open.com - Was a big software security
producer, reseller and distributor, declared in
bankruptcy in 2001.
・lastminute.com, whose IPO in the UK
coincided with the bursting of the bubble.
・GovWorks.com – the doomed dot-com featured
in the documentary film Startup.com.
・pets.com - a former dot-com enterprise that sold
pet supplies to retail customers before entering
bankruptcy in 2000.
・Xcelera.com, a Swedish investor in start-up
technology firms."Greatest one-year rise of any
exchange-listed stock in the history of Wall
・inktomi with a valuation of $25 billion in March
・GeoCities, purchased by Yahoo! for $3.57
billion in January 1999.Yahoo! closed GeoCities
on October 26, 2009