Dot Com to Dot Bomb

The dot com to dot bomb era was an incredible time period in an economy standpoint. Basically the dot com to dot bomb era was a time where internet companies were started, and were thriving in the market, to the point where there were too many companies thriving, which caused the "dot bomb", where the market crashed hard, and many many companies went bankrupt, and many people lost their jobs. In the start many companies were first starting up, like CompuServ, and they were profiting very well. After that, more companies such as Yahoo came into the picture, and they were also doing very well for themselves. These companies that were also doing well got to the point where they were doing so well that they started to buy some of the other companies. One example of this is AOL buying CompuServ. After this happened, that is when the "bust" of the market happened. The stockmarket hits a huge decline because of the many internet companies beginning to fail, like Pets.com. A multitude of companies at this point were starting to go bankrupt. After all of this happened, the internet had to make a comeback, which definitely took some time to repair, because of how volatile the market for the internet had just been during this era.