2. About dot com bubble
Background
What happened with the dot com bubble?
Impact
Cause
Now
citation
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3. About dot com bubble
The dot-com bubble was a historic speculative
bubble covering roughly 1997–2000 during
which stock markets in industrialized nations
saw their equity value rise rapidly from growth
in the Internet sector and related fields.
4. About dot com bubble No2
While the latter part was a boom and bust
cycle, the Internet boom is sometimes meant to
refer to the steady commercial growth of the
Internet with the advent of the World Wide
Web, as exemplified by the first release of the
Mosaic web browser in 1993, and continuing
through the 1990s.
5. Background
Possibility of the e- commerce that could handle the
direct bidirectional communication with consumers in
large quantities at the end of 1990s realized it and was
able to shake an existing business model.
6. What happened with the dot com bubble?
In 1999–2001, Some companies, such as Pets.com, failed
completely. Others lost a large portion of their market
capitalization but remained stable and profitable, e.g.,
Cisco, whose stock declined by 86%. Some later recovered
and surpassed their dot-com-bubble peaks, e.g., Amazon.
com, whose stock went from 107 to 7 dollars per share,
but a decade later exceeded 400!!
7. Impact
・The direct investment of the IT-related company
occurred successively in small country Ireland where had
low wage cost, and Ireland achieved the economic growth
called "the miracle of the Celts" to this boom.
・The stock price of company continued falling
8. Cause
It was thought that IT played a key role of industry in the
future, and a stock was bought very hard.
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While similar ventures increased, competition intensified,
and a weak company became extinct
