Bubbles: Part 7 - Dot Com (1995 - 2000)
Let’s look at the US technology stock market bubble of the late '90s and break down what happened.
What The F#ck Happened?
Setting The Scene
In 1993, the internet was in its infancy and was inaccessible to the average person. The ability to transfer data globally was genuinely revolutionary, but only 2.3% of the U.S. population was online as it was expensive and difficult to use. But, the release of Mosaic changed all that. Mosaic was a web browser tha…