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What led to the dotcom crash?

What led to the dotcom crash?

The dotcom crash was triggered by the rise and fall of technology stocks. The growth of the Internet created a buzz among investors, who were quick to pour money into startup companies. These companies were able to raise enough money to go public without a business plan, product, or track record of profits.

What happened to the dot-com?

Many dot-com companies ran out of capital and went through liquidation. Supporting industries, such as advertising and shipping, scaled back their operations as demand for services fell. However, many companies were able to endure the crash; 48% of dot-com companies survived through 2004, albeit at lower valuations.

When was the dotcom bubble crash?

March 2000
But the bubble eventually burst in March 2000, with many companies failing to even come close to fulfilling their promise. As such, the NASDAQ fell by more than 75 percent between March 2000 and October 2002, thus wiping out more than $5 trillion in market value.

What stocks did well during dot-com crash?

With the spectacular rise and subsequent crash of many of the dot-com companies, few were left standing after the dust had settled.

  • Amazon.com (Nasdaq: AMZN)
  • eBay (Nasdaq: EBAY)
  • Booking Holdings (Formerly Priceline.com) (Nasdaq: BKNG)
  • Shutterfly (Nasdaq: SFLY)
  • Coupons.com (Privately Held)

What cryptocurrency will survive?

8 Cryptocurrencies That Will Survive The Next 10 Years!

  • Dogecoin. Source: pexels.com.
  • Bitcoin. Source: pexels.com.
  • Litecoin. Source: pexels.com.
  • Ethereum. Source: pexels.com.
  • Cardano. Source: igaming.org.
  • Binance Coin. Source: corporatefinanceinstitute.com.
  • Ripple. Source: pexels.com.
  • TRON. Source: hyiphunter.org.

How many cryptocurrencies will survive?

The remarks come a day after the government listed for introduction in Parliament a bill to ban all private cryptocurrencies, with some exceptions. Former RBI governor Raghuram Rajan on Wednesday said only a “handful” of the 6,000-odd cryptocurrencies in existence today might survive going forward.

https://www.youtube.com/watch?v=25_WjiZnvQk