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Title: DotComBust

Essay Details

Subject: Technology
Author: Maggie J
Date: July 6, 2013
Grade: B
Length: 8 / 2344
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

Internet technology was relatively new and was being claimed as the answer to everything. Shopping for groceries, records, books, and houses was all predicted to move to an online world. Venture capitalists were investing enormous sums in businesses that had no proven track record and very little in the way of business plans or serious business experience...

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Much was made of the culture of the dot.coms ? the casual dress, workplace masseurs and potentially enormous earnings that could be made. Employees were enticed from previously stable positions to join the rapidly changing and developing dot.coms. The technology was still under development and consumer take up of online commerce was slower than expected...

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