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Hiral Jain

Content writer • 11m

Hey there, folks! Have you noticed how the stock prices of companies with an e-prefix or a .com at the end have been soaring? I'm referring to the infamous burst of the IT bubble in 2000. Information Technology (IT) bubble or Dot.Com bubble roughly

Hiral Jain

Content writer • 11m

These companies offered their services/goods for free to grab consumers and charge high rates later. As a result, these companies saw high growth and a type of bubble developed. The "growth over profits" mentality led some companies to engage in lavish internal spending, which could not be sustained long and the bubble collapsed. Many companies ran out of capital and were acquired or liquidated. Stock markets crashed and slowly the economies began falling.

1 replies2 likes

Replies (1)

Shreyas Ramdasi

Mechanical Engineer • 11m

It's interesting how those companies initially offered everything for free to attract users, but eventually, that strategy couldn't be sustained. The focus on growth over profits created a bubble that eventually burst, leading to a lot of fallout in the market. It's a reminder of the importance of sustainable business models and the dangers of chasing growth at any cost.

1 replies1 like

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As the chances of global recession is high Oil prices crashed to 62 dollars .Good news for Oil companies they will earn more now . Let's hope it will give some relief to the public. Feb- 79/barrel April- 62/barrel💥

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The Tata Group has helped 51 new companies, also called startups, by giving them money and support. This means they believe in new ideas and want to help these small companies grow and succeed. By funding these startups, Tata Group is encouraging

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Arcane

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These are the companies that acquired the most startups between 2000 and 2024 I've a question though - How do these companies integrate so many startups into their operations given that they may have varied company culture? And how do these acquisi

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Sameer Patel

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The dot-com Crisis The .com crisis, or dot-com bubble, was a period of excessive speculation in internet-related companies from 1995 to 2000. Investors poured money into startups with inflated valuations despite many lacking solid business models. Th

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