5. The Dot-Com Boom
The late ’90s experienced the dot-com boom, a period of explosive growth for internet-based companies. Eager investors poured money into startups, hoping to capitalize on the internet’s potential. Companies with a “.com” suffix became highly sought after, and stock prices soared without solid business plans or profit models. However, this rapid rise led to an inevitable bust as many companies failed to deliver returns, resulting in a market crash by 2000. Despite the fallout, the boom laid the groundwork for future tech innovations and emphasized the internet’s role in business.
