Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

The dot com bubble in california


Published on

week 12

Published in: Business, Technology
  • Be the first to comment

  • Be the first to like this

The dot com bubble in california

  1. 1. * s1160085
  2. 2. **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
  3. 3. **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.
  4. 4. **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.
  5. 5. **Many companies starting a business using the Internet. These companies were called “dot-com” companies.
  6. 6. **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.
  7. 7. *
  8. 8. **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.
  9. 9. ** 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.*, spent $188 million in just six months in as attempt to create a global online fashion store. Went bankrupt in May 2000. etc.
  10. 10. *** e%20Internet/dotcom.html* com-bubble.htm