Tuesday, December 15, 2015

Dot.com Dot.bomb

Quite an interesting topic I would say is the Dot.com and Dot.bomb. During the early stages of the web, which is much different than the one we know today, many people began to see the many uses of the web and more importantly, how to make a profit off of it. Many companies and people began websites to aid them in their profits whether personal or for the company they worked for. This was the Dot.com stage, where many people started using the web. A lot of companies thrived during this time, and we still see many today such as E-Bay.

A lot of these websites however were of companies and such that did not even existed, but even so, they earn profit off their websites due to the traffic going into their server(s). However just as quick as the Dot.com stage came by, the Dot.bomb stage came just as quick.

In this stage, many people stopped believing in that people would not many money from e-commerce from the web and therefore, stocks crashed for many companies, even the major ones like Amazon. This caused many companies to go out of business or lose a lot of profit due to this problem.

I think it's interesting how things have turned quite quickly. From companies thriving due to the web to them starting to fail due to the stock market crashing and the questionable thought about making profit from e-commerce on the web.

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