Dot.com to Dot bomb

Unexpected transition had been risen from the horizon where the giant network proprietaries like Prodigy, CompuServe, Genie, Yahoo, AOL, and Delphi could no longer survived and most of them dead right the launch of Word Wide Web project. Because of the rate that technology was changing made impossible the adjustment that this network proprietaries were needed to adopt. While their large number of consumers market disappeared to be part of new innovative network of networks “the Internet.” However, the transition of local networks into a magnificent internet was also happening so fast and it arrived the door of every network user.

This is why Prof. Andrew Fry illustrated what was happening like the world dinosaur where most of them disappeared. Because of they could no longer digested rate of change that happen to their Habitat and instantly they died.  The advancement of technology reached unprecedented level, where it grasped the attention of many people to invest early for small startup tech-companies that were capable of changing the way world use to do the business before. While this situation on the other hand created a financial bubble that over-value a small companies which has not make profit.

 

Finally, there were some reasons that was caused the bubble of Dot.com Dot bomb!

Over-excitement of investing new technology without unknowing the financial situations of those startup companies was a one factor.

Lack of institutional regulation about the tech-IPO and how those IPO should been traded. At the same time, how some companies go public was a part of the problem.

Suddenly, in March, 2000 the financial market in New York collapsed due to bad investment of tech-companies IPO and the shares of most tech-companies dropped half or more. While so many companies out of business in matter of days.