Dot.com to Dot.bomb

The Dot.com boom began in the early 1990's, ends around 2001, and slowly recovers until 2003.

During the early 1990's many businesses wanted an online presence in order to stand out above the competition or wanted more exposure in the public eye. They were typically funded by venture capitalists due to the small sizes of many of these companies.

At this point the costs of creating these websites began to soar as well as the costs to hire people or companies who are able to build these websites.

During the period between 1997 and 2000 is when the Dot.bomb occurred. At this time the costs of websites and employees to maintain such sites reached the point that many businesses were forced to go bankrupt such as Pets.com and Marchfirst, or be bought out by another company.

Businesses were also forced to fire large portions of their workforce.

At this point InfoSpace is worth more than Boeing and the stock market goes down due to over-inflated stocks.

The web begins to make a recovery around 2002-03 with Amazon.com posting a profit and Expedia.com exceeding analyst expectations. In 2003 the job market begins to rebound, interest increases for technology o=in medicine, and InfoSpace begins to recover.