Dot Com Boom and Bust

CHM Exhibition "Revolution: The First 2000 Years of Computing"

In the mid 1990s, the business landscape was radically altered by two magical syllables—“dot com.” A five-year boom of wild speculation ensued, followed by a devastating bust in which five trillion dollars of tech company market value evaporated. Three dot com players recall the ecstasy, the agony, and the lessons learned.

Catalog Number: 102695608
Lot Number: X6142.2011

[Aliyar]

Background music is louder than people talking

[mgabrysSF]

It wasn't loony at all. Underwriters of the IPO saw a massive opportunity to flip companies that went public after their speculative pop on the first day created massive returns in excess of 600 percent. It was merely a stock scheme to pump and dump shares of newly minted companies after taking them to market at record speeds. What happened after the stock sale? Who cared. It was onto the next VC backed roadshow. Over 500 companies went public with no plans of any worth, and no road to profitability - purely for the stock flips happening. Only in the rare instance where if you bought and held your Amazon stock - would you see an ROI that would convert 1000 dollars of launch price shares to more than 1m today. But those were not in the majority.

[TXLionHeart]

Every Tesla shareholder should watch this.

[missmelodius]

Would it be possible for the names of the contributors to be added? Even if just in the description. Outside the context of the exhibit, it is not clear and only one face is known to me. Thank you. This is a good story and effective documentation in such a brief video. Well done.