The document discusses the dot-com bubble that occurred in California in the late 1990s. Rapid growth in internet-based companies fueled a rise in stock market values. However, many of these companies relied on unsustainable business models and overhyped prospects. The bubble eventually burst in 2001, leading to a recession as many dot-com companies failed or declared bankruptcy, costing jobs. The crisis significantly impacted the US economy but had relatively minor effects outside the US.

1. S
The DotCom Bubble in
California
s1180155 Toshiki Hiraide

2. Outline
S Introduction
S Background
S Bubble Growth
S Fall in
S The influence on Japan
S How did companies and individuals suffer?
S Conclusion

3. Introduction
S Definition of 'Dotcom Bubble'
An rapid rise in equity markets fueled by investments in
internet-based companies. During the dotcom bubble of
the late 1990s, the value of equity markets grew
exponentially, with the technology-dominated Nasdaq
index rising from under 1,000 to 5,000 between 1995 and
2000.

4. Background
In the 1995-1999, E-Commerce was
attracted a great deal of public attention.
So, many company invested the internet
business.

5. Bubble Growth
S The low interest rates in 1998 - 99 helped increase the
start-up capital amounts.
S A canonical "dot-com" company's business model
relied harnessing network effects.
S The motto "Get Big Fast " reflected as strategy.・They
extolled "dot-com" as "New economy".

6. Fall in
S A lot of venture companies related.
S Google and Amazon carry through.
S September 11, 2001, the United States rushed into a
serious recession.

7. The influence on Japan
S In Japan, the stock prices of Japanese business
rised.
S But, Japanese economic did not become so
good.

8. How did companies and
individuals suffer?
S The amount of work of the IT companies had declined due
to the dot com economy bubble burst in the US.
S In 2002, the dot com economy bubble burst increased the
number of unemployed personnel in the US.
S A number of the IT company went bankrupt due to the dot
com economy bubble burst in the US.
S The number of unemployed people was over 560,000 in the
US.

9. Conclusion
S The dot com bubble have a large-scale influence on the
world economy.
S A number of world-famous companies take part in
investment in the IT company.
S The dot com economy bubble burst in the US cause
heavy damage to the US economy.
S The dot com economy bubble burst in the US have
relatively little effect on the companies from outside the
US.

10. References
S http://www.wisegeek.org/what-was-the-dot-com-
bubble.htm
S www.answers.com/topic/dot-com-bubble
S http://www.thebubblebubble.com/dot-com-bubble/