What was the Dot-Com Bubble? 🤔
Imagine a big balloon from 1995 to 2000, but instead of air, it was filled with tons of cash 💸 and dreams of the internet. That's the dot-com bubble! People threw loads of money into companies that had '.com' in their name because they thought everything online was going to make them rich. 🌐💰
How Internet Companies Skyrocketed
Everything started with internet companies popping up like crazy 🚀. People investing money got super hyped about this 'new economy' and threw cash 💸 at tech startups, even if they didn't really know how these companies would make money. This caused the companies to be priced way higher than they should have been.
Big Bucks and Risky Bets 🚀
Lots of easy money and risky bets meant that even new companies with little know-how or real-deal products got super expensive. The NASDAQ, which is like a scoreboard for tech companies, went through the roof because of these tech stocks.
Dot-com Bubble Pops, Economy Takes a Hit 💥
Around 2000, people realized things couldn't keep growing so fast. Lots of internet companies went bust, and the NASDAQ, where these stocks are traded, took a huge dive. This wiped out a whole lot of money, and the economy slowed down big time.
What We Learned from the Bubble Burst 🤔
When the bubble popped, it was a tough wake-up call about how markets really work. The companies that made it through learned to actually make money and have a solid plan for the future.
When did the dot-com bubble occur?
1995 to 2000
1990 to 1995
2001 to 2005
Company
