Dot-com bubble
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The dot-com bubble (or dot-com boom) was a stock market bubble in the late 1990s. The period coincided with massive growth in Internet adoption, a proliferation of available venture capital, and the rapid growth of valuations in new dot-com startups.
Between 1995 and its peak in March 2000, the Nasdaq Composite stock market index rose 800%, only to fall 740% from its peak by October 2002, giving up all its gains during the bubble.
During the dot-com crash, many online shopping companies, notably Pets.com, Webvan, and Boo.com, as well as several communication companies, such as Worldcom, NorthPoint Communications, and Global Crossing, failed and shut down.
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See also
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Terminology
- Digital Revolution
- E-commerce
- The Long Tail
- South Sea Company
- Tulip mania
- Techno-utopianism
- Technology hype
- Web 2.0
- E-learning
- Dark fiber
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Media
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Venture capital
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Economic downturn
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