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Home > HistoryPod > 10th March 2000: The NASDAQ index peaks at the height of the dot-com bubble
Podcast: HistoryPod
Episode:

10th March 2000: The NASDAQ index peaks at the height of the dot-com bubble
Category: Society & Culture
Duration: 00:02:50
Publish Date: 2018-03-09 21:05:23
Description: The economic bubble that is also referred to as the ‘dot-com boom’ was the result of investors speculatively pouring money into the numerous internet companies that were founded in the mid- to late-1990s. The exponential growth witnessed by the stock market was primarily based on overconfidence in new online businesses, many of which had a ‘.com’ suffix. A large number of these companies raised enormous funds by selling shares in initial public offerings, despite the fact that some of them had not even begun to generate income, let alone make a profit. Driven by a mixture of private investors and venture ...
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