Dot.com to Dot.bomb

From what we learned in class there were 5 stages in the dot.com boom. In the first stage called the innocent beginning which took place from about 1992-95, the internet was becoming very popular with millions of users. Many companies emerged in this time period including compuserv, free range media, and spry inc. The next stage referred to as the Boom, took place from 95-97 and this was where companies either needed to get with it (the internet) or get out. Yahoo.com and Amazon.com emerged at this time. Insanity took place from 1997-2000 and is when things went nuts. Infospace, an online phone directory, goes public and is worth more than Boeing. The Bust took place in 2001, the was when multiple companies went bankrupt including Exodus, Dr. Koop, and Freezone. The crawl back from it all, happened around 2002. This is when AOL bought Times Warner and Amazon was making tons of money against all the odds. It is crazy to think that all of this happened within a 10-year period. I am really grateful that we were able to watch startup.com and see kind of firsthand what happened during the dot.com boom and bust. I can’t imagine having a company worth millions and then losing it almost overnight. I wonder if suicide rates were higher at the point in time when the bust was taking place. On that cheery note I am going to conclude this blog post.