The DotCom Bubble in

California

s1180203 Chika Watanabe

Outline

● Introduction● What DotCom Bubble?● Happening● Suffering● Impact● Free spending● Summary● References

Introduction

The DotCom Bubble happened in the end of the1990s.・It is the extraordinary general atmosphere of investment in DotCom company.・In 1999-2000, stock prices increased more than usually, but DotCom Bubble burst in 2001.

What DotCom Bubble?

The dot-com bubble was a stock market bubble which popped to near-devastating effect in 2001. It was powered by the rise of Internet sites and the tech industry in general, and many of these companies went under or learned some valuable lessons when the bubble finally burst. Many investors lost substantial sums of money on the dot-com bubble, helping to trigger a mild economic recession in the early 2000s.

Happening

Many investors lost handsome amount by the DotCom bubble.・A lot of Internet start-ups were birthed in the mid to late 1990s.・These companies came to be referred to as“DotComs,” .

Suffering

In 2002, the U.S. IT-related unemployed people reached 560,000. ーBut a portion of entrepreneurial venture such as Google, Amazon, DotCom and e-bay were surviving.・America entered a long-term recession subsequent to the collapse of the DotCom bubble.

Impact

In India, investment in the software related grew.　　ーThis exerted a positive impact to India.・In China, stock price that the IT related company take the whole operation public fetch high prices.　ーBut China did not take a severe hit.

Free spending

According to dot-com theory, an Internet companyssurvival depended on expanding its customer base as rapidly as possible, even if it produced large annuallosses. Amazon was spending on expanding customer base and alerting people to its existence and Google was busy spending on creating more powerful machine capacity to serve its expanding search engine.

Summary

Many IT-related ventures called "Dot-comcompanies" was established.・By DotCom bubble economy burst, many peoplelost a job.

References

History of the Internet - the Dotcom bubblehttp://www.nethistory.info/History%20of%20the%20Internet /dotcom.html・What was the Dot-com Bubble?http://www.wisegeek.com/what-was-the-dot-com-bubble.htm・Dot-com bubblehttp://en.wikipedia.org/wiki/Dot-com_bubble