Dot.com to Dot.bomb

The collapse of Internet companies (dot.com) is an economic event in the last months of 2000. Dot.com economists are seen as a major financial failure, particularly in the U.S., and they also call is dot.bomb. The dot.com was created starting from 1996. By 1999, many dot.com appear almost daily. Period 1997-1999, all linked to the Internet what are investors hunt. They rushed to buy the dot.com shares without regard to the actual value, ignoring the current losses for the next few years expect to benefit hundreds of times. The fever was stimulated by information from the market forecast, from the securities analyst in information technology (IT) IDC, Gartner, Forester Research, etc. But, not any tech company became a Microsoft as many small investors believe in the promising development of the dot.com.

However, the collapse of the dot.com only a small part of the entire Internet economy, only the pattern online retail B2C (business to consumer) collapsed while the real model  business B2B (business to business) still works well for many companies, large corporations use the Internet to reduce billions in operating costs and serve customers better. The important lesson learned is not to use the Internet to operate a traditional business, but must know how to use the Internet changed the nature of business.