When the Dot-Com Boom Went Bust The New York Times

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Published: November 11th 2014

Kindle Edition

77 pages


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When the Dot-Com Boom Went Bust  by  The New York Times

When the Dot-Com Boom Went Bust by The New York Times
November 11th 2014 | Kindle Edition | PDF, EPUB, FB2, DjVu, talking book, mp3, RTF | 77 pages | ISBN: | 5.23 Mb

The dot-com boom has been likened to a modern-day gold rush. In the late 1990’s, the “gold” was e-business and there was a frenzy to cash in on it. Hopeful young entrepreneurs, backed by a seemingly endless supply of easy money from investors,MoreThe dot-com boom has been likened to a modern-day gold rush. In the late 1990’s, the “gold” was e-business and there was a frenzy to cash in on it.

Hopeful young entrepreneurs, backed by a seemingly endless supply of easy money from investors, founded an overflow of new Internet companies, which were often ill-planned. When many of those companies failed to make a profit, the money vanished, and the boom quickly went bust by 2000-2001.This e-single, featuring articles from the New York Times archives, chronicles the dot-com bust and its aftermath.

Andrew Ross Sorkin writes about the demise of Boo.com, the fashion e-tailer that burned $185 million in 18 months- Reed Abelson gives the final chapter on Pets.com and its Sock Puppet- Hal R. Varian compares the boom with tulipmania- Matt Richtel and John Markoffreport on Silicon Valley- and John Schwartz writes about the death of the dot-com dream and the sobering effect of the 9/11 terrorist attacks.



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