Dot Com to Dot Bomb

People saw that the Internet was growing and companies started taking their businesses to the internet world. By the late 1990’s people saw a huge growth in the Internet, and it was the Dot Com growth. Companies with the Dot Com in their name saw a huge growth on their company’s value. So other companies started to join when they saw how big these companies were getting. And then the Dot Com started seeing even more growth that when it initially started. Now people are investing left and right, buying stocks low and gaining huge amount of money. We also start to get fake companies being made and traded for high value. Big companies buying smaller companies. Some companies traded with their stocks. Netscape was one of the many companies that grew immensely. And the stock market crashed losing billions and trillions of dollars. Amazon and Googles values dropped immensely, and companies shutting down. Corporations and companies laying off people, and Majority of them were in the field of IT. People lost a lot of money when this happened.