Of all the dot-com companies that went bust, pets.com might be the most famous example. After losing $147 million in just nine months in 2000, the company’s business model was famously flawed.
Twenty-five years ago this week, the Nasdaq Composite Index hit its dot-com-era peak after soaring more than 500% in five years. Its subsequent collapse was swift and brutal. Small investors lured ...
Indeed, so many of the companies that would embody the dot-com bubble (e.g., Pets.com, eToys, Kozmo.com, UrbanFetch) shared some or all of Priceline’s qualities: In the end, the company lost $1.1 ...
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