Abstract:

The Dot-com Bubble or the Tech Bubble was a speculative bubble in the shares of early internet companies called “Dot-coms.” The stock market bubble was caused by excessive speculation in Internet-related companies in the late 1990s, a period of massive growth in the use and adoption of the Internet. Sadly, though, for many of these companies, the realities of basic traditional accounting still stood firm. The dot-com Super Bowl was the high-water mark for this first wave of web-based companies, most of which wouldn’t exist within just a few years. By the end of the stock market downturn of 2002, stocks had lost $5 trillion in market capitalisation since the peak. At its trough on October 9, 2002, the NASDAQ-100 had dropped to 1,114, down 78% from its peak. And thus, the dot-com bubble burst leading to some Companies surviving and consolidating such as Google, Amazon, et cetera and a bright future ahead of them next to the ashes of the other dot-com companies

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