The DotCom Bubble in California s1170048 Susumu Ito
Contents● What is the dot com bubble?● What happened with the dot com bubble?● How did companies and individuals suffer?● What was the impact of this bubble in thefinancial sector?● Reference
What is the dot com bubble?● Internet bubble happened around a market ofthe United States of America at the end of 1990s.● In addition, it is abnormal development of actualdemand investment and the equity investment ofthe dot.com company.
What is the dot com bubble?●Much IT-related ventures called "the dot-comcompany" were established, and the stock pricesabnormally rose from 1999 through 2000.●he bubble split open over 2,001 years, anddevelopment of the economy was delayed.
What happened with the dot com bubble?● The stock price of IT-related company rose.●This tendency was seen in not only Americanshares but also Europe, Asia and the stockmarket of Japan.●The venture company founder who went publichad vast wealth in its hand while I was like thisand accelerated a venture establishment boomaround Silicon Valley.
What happened with the dot com bubble?● However, the stock prices collapsed with a risein interest rates of the Federal Reserve Boardrapidly.● Furthermore, it declined to 1,000 under theinfluence of a terrorist incident of September 11,2001 in 2002.
How did companies and individuals suffer?●After a bubble split open, in the collapse of thestock prices, much IT-related ventures weredriven into the bankruptcy, and the American ITconnection unemployment of 2002 reached560,000.●Only some ventures including Google,Amazon.com and the e- bay survived.
What was the impact of this bubble in the financial sector?● Under the influence, investors invested smallcountry Ireland where wage cost was low directlyin the IT connection company in the English zonein European countries.● Ireland achieved the economic growth called"the miracle of the Celts" to this boom. The bubbleburst was not decisive as a blow to economy ofIreland.
What was the impact of this bubble in the financial sector?● Investment software-related in India with muchEnglish population increased and had a goodinfluence on economy of India.● The stock price of IT-related companies such asLenovo which performed stock market flotationtouched a high price suddenly in those days inChina.
Reference●Dot-com bubblehttp://en.wikipedia.org/wiki/Dot-com_bubble●What was the Dot-com Bubble?http://www.wisegeek.com/what-was-the-dot-com-bubb●History of the Internet - the Dotcom bubblehttp://www.nethistory.info/History%20of%20the%20In