Description

In the late 1990s, the internet was hailed as the next great frontier, revolutionizing industries and creating a wave of prosperity that promised to change the world forever. But as quickly as the dot-com boom swept the globe, it came crashing down in 2001, leaving behind a trail of bankruptcies, job losses, and shattered dreams. "Dot-Com Boom and Bust" takes readers behind the scenes of one of the most tumultuous periods in modern economic history, offering an in-depth exploration of the rise and fall of the internet economy.

Through a combination of historical context, personal stories, and expert analysis, Michael Connor unpacks the driving forces that led to the dot-com explosion and its sudden, catastrophic collapse. The book explores the high stakes of speculative investment, the feverish pursuit of market share, and the dramatic consequences when business models failed to meet inflated expectations. From the initial excitement of pioneering companies like Amazon, eBay, and Yahoo to the rapid collapse of names like Pets.com and Webvan, Connor provides a gripping narrative of ambition, greed, and the inevitable crash.

This book not only chronicles a moment in history but also offers timeless lessons on the dangers of speculation, the importance of sustainable growth, and the volatile nature of technological innovation. Perfect for business enthusiasts, tech history buffs, and anyone interested in the financial powerhouses that shape our world today, "Dot-Com Boom and Bust" is a must-read for understanding the past and preparing for the future of the digital economy.