Dot Com to Dot Bomb

         From the late nineteen nineties to the early two thousandth century the internet went from being very privatized with only a few corporate networks in 1992 like Prodigy, Compuserve, Genie, America On-Line and Delphi to a public information super highway moving faster than any one business could keep up with. Microsoft wanted to expand from just being a software company to having a stake in the internet so in 1992 they teamed up CompuServe to connect users to the internet, this was put in direct competition by Dave Spool's creation of the Mosaic Browser for a graphical internet interface. The now three year old World Wide Web project and two year old HTTP language made the internet more accessible and diverse for all users. The dinosaurs used in your presentation represented the proprietary network businesses too slow to adapt to the changing times, plus they are really fun to play with and research! The company SPRY started only in 1994 to create internet accessible boxes was bought by Compuserve in 1996 for $100 Million. Yahoo successfully diversified their internet interests enough to take off ahead of its competitors. Amazon was sued for calling themselves a bookstore and lost because they were not brick and mortar. The US government began the process of offering its services online. IPO.com showed all the internet companies going out for public offerings without time to test if their services were really valued for what they were priced at; many were massively overvalued. In 1998 AOL bought CompuServe, Infospace went public, and the book Burn Rate is written about how overvalued tech companies of the time being overvalued. How could all of this lead to a massive financial crash you may ask? Competition and leveraged investing is the main answer.

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