← All articles
History·25 April 2026·4 min read

The dot-com bubble — when the internet cost a fortune

Around 2000, any company with ".com" in its name was worth millions. Then many vanished overnight.

The dot-com bubble — when the internet cost a fortune
Image: CC-BY 4.0 · Wikimedia Commons

In the late 1990s, investors threw money at any internet business, even without profit. "dot-com" company shares soared dizzyingly, on the promise of the future alone.

The 2000 crash

In 2000–2001 the bubble burst. Thousands of companies went bankrupt, and the tech market lost enormously. Those with a real business model survived — Amazon, Google. The lesson: a good idea is not worth any price.