The Dot-Com Bubble

In the 1990s, the personal computer and the internet combined to transform the global economy. The dot-com boom built on the promise of the World Wide Web led to one of the longest economic expansions on record. From the Netscape IPO in 1995 to its peak in early 2000, the Nasdaq skyrocketed over 800%. By 2002, it came tumbling down erasing nearly $5 trillion in market value.

The boom turned into a crash that permanently changed how Wall Street operates, wiped out scores old and new companies, restructured the power structures of Silicon Valley, and revolutionized the global economy. Most importantly, there are elements of the dot-com story that rhyme with today's AI boom.

Chapters:
(00:00) Intro
(01:09) Market Backdrop
(12:51) Technology Backdrop
(21:31) Birth of Dot Com
(43:45) Setting the Stage on Wall Street
(01:01:13) The Crash before the Crash
(01:10:59) Euphoric Markets
(01:23:51) The Bubble Pops
(01:45:30) The Aftermath

References:
⁠Origins of the Crash⁠
⁠Dot.con⁠
⁠The New New Thing⁠
⁠Technological Revolutions and Financial Capital⁠
⁠Stocks for the Long Run⁠
⁠The Rise and Fall of American Growth⁠
⁠The Fabulous Decade⁠
⁠Capital Account⁠
⁠Mr. Buffett on the Stock Market

Видео The Dot-Com Bubble канала Crashes Podcast