Surprisingly, the IPO auction didn't go particularly well for Google in the aftermath of the
dot-com bubble. Google ended up cutting its planned IPO price from an original range of between $108 and $135 to a new target range of between $85 and $95 before finally settling on the low end of the reduced range.
The household name that facilitates consumer-to-consumer and business-to-consumer sales through its website, eBay was founded in1995, and became a notable success story of the
dot-com bubble, joining the chamber alongside its work with the Wolverhampton Retail Revival initiative.
After the savings-and-loan crisis of 1991-1992 came the bursting of the
dot-com bubble in 2000-2002, followed by the collapse of the subprime mortgage market in 2007, which triggered the global financial crisis the following year.
Microsoft`s market capitalisation was Wall Street`s highest in late 1998 through early 2000 before the
dot-com bubble burst.
Munnell focuses on some of the proximate causes of millennials' financial difficulties, such as the Great Recession and the
dot-com bubble: "Millennials entered the labor market during tough times.
Paul knew this was some bad omen, and sure enough, within months the
Dot-com Bubble burst and thousands of tech firms went bust.
The
Dot-com bubble in 1999 might be the closest to investors' memory, where many companies failed completely, and others lost more than 80 per cent of their value--taking investors with them.
Sago said the bitcoin craze was worse than the
dot-com bubble in the late 1990s.
He added that the current high value of the cryptocurrency is worse than the
dot-com bubble of the late 1990s.
But not since the advent of railroads incited market booms in the 1830s and 1840s has the world seen back-to-back booms like the
dot-com bubble of the 1990s and the one we are in now.