The DotCom Bubble in California s1160231 Shuhei Yamashita
Summary1. Introduction2. Growth3. Fall in4. World influence5. Japanese influence
1. Introduction・The first release of the Mosaic web browser in 1993 andcontinuing through the 1990s.・A group of new Internet-based companies commonly referredto as dot-coms.・A combination of rapidly increasing stock prices.
2. Growth・The low interest rates in 1998 - 99 helped increase the start-up capital amounts.・A canonical "dot-com" companys business model reliedharnessing network effects.・The motto "Get Big Fast " reflected as strategy.・They extolled "dot-com" as "New economy".
3. Fall in・A lot of venture companies related.・Google and Amazon.com carry through.・September 11, 2001, the United States rushed into a seriousrecession.
4. Worldwide influence・Ireland achieved this economic growth that was called "Miracleof Keruto".・The investment related to software increased, and thefavorable effect was given to Indian economy.・Chinese IT has not developed, so it wasnt damaged hard.
5. Japan influence・Venture companies in Japan rise hanging cause of UnitedStates of Bubble.・The bubble is not so long.・The influence of burst of economic bubble on Japan wasextremely limited.
6. List of companies significant to thebubble 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. GeoCities, purchased by Yahoo! for $3.57 billion in January 1999. Yahoo! closed GeoCities on October 26, 2009. lastminute.com, whose IPO in the U.K. coincided with the bursting of the bubble. The Learning Company, bought by Mattel in 1999 for $3.5 billion, sold for $27.3 million in 2000.