Of all the dot-com companies that went bust, pets.com might be the most famous example. After losing $147 million in just nine months in 2000, the company’s business model was famously flawed.
The dot-com bubble was a period during which rampant speculation and bullish investment led to the overvaluation (and subsequent crash) of the young internet technology industry on Wall Street.
The years 2000 to 2002, when the bottom fell out of the dot-com industry and hundreds of Internet-based companies went bankrupt. According to Kara Swisher in "Burn Book," a 2024 tell-all about the ...