File:Nasdaq_Composite_dot-com_bubble.svg · Wikimedia Commons · See Wikimedia Commons
dot-com bubble
Also known as dot-com boom, Internet bubble, Information Technology Bubble
historic speculative bubble covering roughly 1997–2000
Wikidata facts
- Image
- Nasdaq Composite dot-com bubble.svg
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- Commons category
- Dot-com bubble
- point in time
- 2000-03-10
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Article
The NASDAQ Composite index spiked in 2000 and then fell sharply as a result of the dot-com bubble. Quarterly U.S. venture capital investments, 1995–2017
The dot-com bubble (or dot-com boom) was a stock market bubble that developed during the late 1990s and peaked on March 10, 2000. This period of market growth coincided with the widespread adoption of the World Wide Web and the Internet, resulting in a dispensation of available venture capital and the rapid growth of valuations in new dot-com startups. Between 1995 and its peak in March 2000, investments in the Nasdaq Composite stock market index rose by 600%, only to fall 78% from its peak by October 2002, giving up all its gains during the bubble. It is also known retrospectively as the tech–media–telecom (TMT) bubble, since it boosted established companies in those sectors as well as Internet startups.