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The writer discusses the causes behind the "dot.com bubble" where many people became overnight millionaires, but then lost everything as quickly as they gained it. The writer refers to the video "Dot.com Dot.gone" and how it explains why many companies failed and how other companies used the dot.com failure to increase their business.
From the Paper:"The "dot.com bubble", which took place starting sometime in 1995 and ending right around the year 2001, was a time when internet businesses rapidly soared into success, with many companies seeing their stock prices shoot up just by turning their company name into one with a ".com" suffix. During this time, many people found quick success, becoming overnight millionaires, but, as the video "Dot.com Dot.gone" shows, these overnight successes lost everything just as quickly as they gained it."
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Cite this Analytical Essay:
"Dot.com Dot.Gone" (2010, March 09) Retrieved May 08, 2021, from https://www.academon.com/analytical-essay/dot-com-dot-gone-118867/
""Dot.com Dot.Gone"" 09 March 2010. Web. 08 May. 2021. <https://www.academon.com/analytical-essay/dot-com-dot-gone-118867/>