Josh: "Dot Com wasn't a bubble."
His asslickers: "He's right. It wasn't a bubble."
Reality:
His asslickers: "He's right. It wasn't a bubble."
Reality:
"The dot-com bubble (or dot-com boom) was a stock market bubble that built during the late 1990s and peaked on Friday, March 10, 2000. This period of market growth coincided with the widespread adoption of the World Wide Web and the Internet, resulting in a dispensation of available venture capital and the rapid growth of valuations in new dot-com startups. Between 1995 and its peak in March 2000, investments in the Nasdaq Composite stock market index rose by 60,000%, only to fall 78% from its peak by October 2002, giving up all its gains during the bubble."
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Dot-com bubble - Wikipedia
en.wikipedia.org
