What do you use the Internet for? If you're like anyone else, it serves purposes such as entertainment and communication. It hasn't been able to reach this point without growth and history, the latter of which is especially interesting. The dot-com bubble is often regarded as one of the most important events in economic history. Here are a few details, provided by Bob Jain, to help give you a better understanding of the event at hand.
If you were around during the late 90s, chances are that you recall a technological boom that was headed by the Internet. The World Wide Web, as it was commonly referred to as back then, was so influential that it didn't take long for online startups to form. It didn't take long for investments to be made in said startups. The idea was that these companies were the future, meaning that putting money into them early on would yield long-term rewards.
While 2000 showed a tremendous high in terms of returns, the year after yielded little success. Robert Jain, as well as other minds in finance, can tell you that investors were growing less confident in their ventures. Not only were they not seeing as many gains, but a number of Internet startups had to shut down due to this lack of success. With this information in mind, one has to wonder what caused this dot-com bubble to finally burst.
When it comes to what caused the dot-com bubble to burst, an argument can be made that impatience played the biggest role. After all, when companies are given ample amounts of money, it's expected that they make huge strides in no time. The problem with this is that results aren't immediate, especially when it comes to making money. It would make sense for these startups to close down if expectations for them are too high to reach.
Money was lost in ample amounts as a result of the dot-com bubble situation, and many businesses had to close down. In order for an issue like this to be avoided in the future, there are a few steps to be taken. Investors should research the companies and causes that they plan on backing. Business owners should have long-term plans in place so that they can grow in due time. These are just a few methods that, fortunately, many experts follow today.
If you were around during the late 90s, chances are that you recall a technological boom that was headed by the Internet. The World Wide Web, as it was commonly referred to as back then, was so influential that it didn't take long for online startups to form. It didn't take long for investments to be made in said startups. The idea was that these companies were the future, meaning that putting money into them early on would yield long-term rewards.
While 2000 showed a tremendous high in terms of returns, the year after yielded little success. Robert Jain, as well as other minds in finance, can tell you that investors were growing less confident in their ventures. Not only were they not seeing as many gains, but a number of Internet startups had to shut down due to this lack of success. With this information in mind, one has to wonder what caused this dot-com bubble to finally burst.
When it comes to what caused the dot-com bubble to burst, an argument can be made that impatience played the biggest role. After all, when companies are given ample amounts of money, it's expected that they make huge strides in no time. The problem with this is that results aren't immediate, especially when it comes to making money. It would make sense for these startups to close down if expectations for them are too high to reach.
Money was lost in ample amounts as a result of the dot-com bubble situation, and many businesses had to close down. In order for an issue like this to be avoided in the future, there are a few steps to be taken. Investors should research the companies and causes that they plan on backing. Business owners should have long-term plans in place so that they can grow in due time. These are just a few methods that, fortunately, many experts follow today.
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If you'd like to discover more about finance in general, consult Bob Jain now.. This article, Bob Jain & The History Of The Dot-Com Bubble is released under a creative commons attribution license.
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