Soon to be, the companies saw their stock prices rapidly increasing and everybody was free spending like crazy. At one point, cities all over the U.S. could have been the next Silicon Valley by building network office space to attract internet entrepreneurs. This had started the internet bubble.
Thus, until the mid 1999's into 2001, it was the collapse or the (pop) of the bubble. MANY company's stocks had dropped from hundreds to a single number or less, which led to companies going out of business. Companies such as govWorks.com from the film startup.com, pets.com, broadcast.com, and plenty more. Here's a list of companies that were affected immensely.
It's unfortunate to see companies stated from the top and in a short matter of time, they dropped to the bottom and eventually diminishing. However, I think it's amazing for some companies managing to stay alive from the dot bomb and today, it's one heck of a successful company. For example, Amazon and ebay.com stocks were $107/ share and dropped to $7/ share, but today it's worth around $400+/ share. In conclusion, I still don't know much about business, capitalism, etc. but I do know that Dot.com to Dot.bomb was real.
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