The dot-com boom and bust

steve The day the internet broke

Back in two thousand, the market took a fall, Dot-com dreams crumbled, losing it all.

Jul 9

BETA

steve Build your web empire to learn why some dot-coms soared and others crashed.

steve The pink slip parties

steve The peak and the plunge

steve The burning of cash

steve The telecom collapse

steve Laid-off tech workers turned their sudden unemployment into social networking events.

Fun Fact

Nasdaq recovery: It took the Nasdaq stock index 15 years to recover and surpass its March 2000 peak.

steve Startups ran out of money because their 'burn rate' far exceeded their actual income.

Glossary

crash (noun)
A sudden and significant decline in the value of a market or asset. On March 10, 2000, the speculative Nasdaq index peaked, triggering a devastating collapse of early internet companies.

Quiz

In what month and year did the Nasdaq stock index peak before the dot-com bubble burst?

Gossip

Would you go to a party celebrating getting laid off?

Quiz

What is 'dark fiber' in telecommunications, which was overbuilt during the dot-com boom?

Quiz

Which massive telecommunications company went bankrupt in 2002 after a major accounting scandal during the dot-com bust?

Quiz

What does the term 'burn rate' refer to in the context of tech startup finance?

Quiz

Approximately how much value did the Nasdaq stock index lose from its peak in 2000 to its bottom in 2002 during the dot-com crash?

Quiz

What was a 'pink slip party' during the dot-com bust of 2000 and 2001?

Quiz

Why did many venture capitalists stop funding dot-com startups in early 2000?

Quiz

Which of these popular online delivery startups promised 1-hour delivery of snacks but went bankrupt in 2001 during the dot-com crash?