Dotcom Crash

[Coreper]

i recently read something about an upcoming second Dotcom Crash [Dotcom Crash 2.0]

but what is the Dotcom Crash?

can someone explain that to me?

what happened, and why?

[-pops-]

In the mid - late 1990's it seemed like every entrepreneur was trying to start an Internet based business and, whilst successful for a time, there were far too many businesses for the relatively small number of Internet enabled customers at the time. Million/billions/gazillions of £/$/¥ were invested and lost. Only the very strongest survived.

After that there was a more measured approach and businesses which we have known for a long time saw the potential of the Internet and started using it in a sensible fashion rather than the bull-at-a-gate methods at the start.

One company that comes to mind that still survives the first crash is Amazon but off-hand, I can't recall any others but there must be some, obviously.

[nellie2]

here are a few more who did make it and a few who didn't

[-pops-]

Should have added that many of the failures were failures because they were just plain silly - as nel's link shows.

[Coreper]

wow

thanks!

this is really interesting

now i understand why they said there was a second coming up [more and more sites are raised...{most of them are crap}]

[andsome]

I remember it well.