Dot.com to Dot.Boom

My thoughts on the presentation on the boom and bust of the dot.com era was crazy to think about, especially hearing it through a personal story from that time. What stood out to me were the five stages of the dot.com event that were discussed.

The dot.com boom began when the internet introduced new opportunities for making money in the virtual  world. This led to a rush of companies, both large and small, entering the market. Some of these companies, like Yahoo, are still around today, while others like Compuserv and Prodigy were once major players in the game. In 1994, Professor Andrew Fry took advantage of the boom and launched Free Range Media, which was another example of the growing potential in the virtual world and tech industry.

Between 1995 and 1997, the boom reached its peak. Many companies, including Yahoo, Amazon, and Spry, had been gaining quick traction and saw rapid success through this time. However, the growth was so fast that many companies couldn’t keep up against other competitors and technological advancements. Larger companies with more resources, such as AOL, outpaced smaller competitors, even buying out big names like Compuserv. This rapid pace of change created both opportunities and challenges, with small companies having the chance to grow quickly or fail just as fast.

It’s intriguing to think about how many small companies had the opportunity to become major players, but weren’t prepared for the speed at which the market was moving. By 2000, the bubble burst, and many companies went bankrupt, including names like GovWorks, Toms, and Kaleil's fast-growing company.

Comments

Post a Comment

Popular posts from this blog

Prototcol

A protocol is a set of rules that enables data transmission over the diverse networks that work with the Internet, allowing efficient and effective communication. The significance of these protocols lies in their ability to allow billions of devices to share information seamlessly. For example, of a layer protocol like HTTP (Hypertext Transfer Protocol) and FTP (File Transfer Protocol) are essential for transferring web pages and files. Another important layer is TCP (Transmission Control Protocol), which ensures the ordered and reliable delivery of data packets, guaranteeing that information is accurately received at its destination. This works alongside IP (Internet Protocol), which is responsible for addressing and routing packets of data between devices. Together, these protocols form the backbone of Internet communication, enabling a wide range of applications to operate smoothly. The Web and the Internet have distinct differences, each offering unique services that work together....
Read more

CyberCrime

 from my understanding cybercrime includes various illegal activities carried out using the internet, and it can impact individuals, companies, and even governments. Three common types of cybercrime that i researched can include phishing, ransomware attacks, and identity theft.   phishing can occur through fraudulent emails or websites that appear legitimate. For example, an attacker may send an email that looks like it’s from a well-known company (like a bank or an online retailer), asking the recipient to click a link and "verify" their account information. The link leads to a fake website that resembles the real one, where victims unknowingly enter their data. A similar experience happened to me recently. Although my personal information wasn’t stolen, I did receive several suspicious texts and emails about supposed package deliveries. The messages seemed to be phishing attempts, trying to trick me into clicking on links or providing personal details. These types of sc...
Read more