The document discusses the DotCom Bubble of the late 1990s that originated in California. Key points: - Rapid growth of internet-based companies in the late 90s along with rising stock prices created a bubble. - Low interest rates in 1998-1999 helped fuel startup funding and the motto was "get big fast". - The bubble burst in 2001 during an economic recession, and many venture-backed dotcom companies failed while some like Google and Amazon survived. - The bubble influenced economies worldwide like Ireland's and India's, but China was not as impacted since its IT sector was still developing. Japan saw a small rise and fall of venture companies due to the US bubble but was not greatly affected