Dot.com to Dot.bomb

This is a period of time when the Internet growing rapidly in the late 90s. Internet companies growing with an incredible speed. Which has lead market to the situations that internet companies are being overvalued and gained an abnormal attraction from the investors. During this period, many tech companies become giant in the market such as GovWorks.com, Yahoo!, Broadcast.com, AOL, Info 

Space, etc. Some of them has found a way to adapt with the market such as Yahoo!, but most of them have collapsed because they were failing to predict what is coming.

To illustrate this event, Andrew has used dinosaurs to explain how those companies experience the five stages of the dot.bomb, from ‘innocent beginning, boom, insanity, bust and finally ‘crawl back to sanity’. The dinosaurs were giant species and were dominated the world for a long time. They were strong and were a big part of the world, but they were not able to see what is coming to them. Finally, just like those giant companies during the dot.bomb, most of them were finished. Only a few species have adapted the changes and survive until today, such as crocodile, this reflects exactly Yahoo! and AOL during that period.

Another story about the dot bubble that Professor Andrew has shared in class is the story of AOL and Time Warner. During that time AOL was decided to merge with Time Warner, which was a huge acquisition in business history. However the merging did not give a great result and finally the AOL Time Warner decided to be separate from AOL and the company has changed its name back to ‘Time Warner’.