The Dot.Com Years

Paper Summary:

This paper describes the economic rise and fall of a company and the corresponding economic rise and fall of one of the company's employees. The paper also describes the financial situation in which many dot.com companies found themselves after the dot.com bubble burst and the lessons these companies and their managers learned from the experience.

From the Paper:

"The 1990's were the bubble years, the dot.com era, or whatever euphemism suits to describe the booming years of Silicon Valley, Wall Street and Internet businesses. They were years that created millionaires literally overnight. Businesses that began in basements and garages by college kids, suddenly appeared on the trading boards of the Stock Market Exchange. It seemed that anything to do with computers turned to gold. American life became high-tech. Suddenly everyone had cell phones, from professionals to soccer moms and teenagers. And personal computers became a fixture in American homes. The Information Superhighway was up and running and Americans were encouraged, not only by advertisers, but even by the government to travel it. It was "American" to log-on and surf the Web. The computer world was the darling of Wall Street and the express train to wealth and happiness for the American public. Moreover, it was an era of the young."

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