DOT BOMB!

The era of point bombs was the 1990s and 2001. During the dot com era, Internet-based businesses flourished. Most of them are financed by venture capital and banks are looking to cash in the direction of the Internet.
When the dot com bubble burst in the early 2000s, stocks sank and hundreds of companies went completely out of business. Thousands of other companies have laid off a large part of their workforce.
During the time of of Dot bomb it is exactly like professor fry said that the company was a dinosaur because they cant stay longer to adapt with change because of that they die. Company that survive until now is that yahoo, AOL. I Research that why Yahoo still can compete with Google. Even though they are very far behind Google. The reason is that because of news and sport live report, some people still using yahoo to use check the live update of football and the news of entertainment. Most companies during that time either try to sell their company to get some money back or just sunk and gone.
Why bubble burst
No one can comment on the exact cause of the crash, but it is safe to say that many factors were playing. Some of the reasons often for a bomb explosion include:
The general economic recession during this period.
The results of corporate corruption, and later bankruptcy, in many large companies including a few large technology companies.
Terrorist attacks on September 11, 2001 (although the stock market has already crashed at this time, the attack led to a further decline).
Stocks are overpriced and companies lack enough sound business plan to support those numbers and turn profits.
Blending all these together was the result of the long-term recession, which hit the private technology industry is difficult. Less than half of the affected companies dot com survived until 2004, many of them are wary of expansion. Others, however, have dressed beautifully, including some of today's top leaders such as Amazon, Google, and eBay.


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