Quick heads-up: this was our very first episode. We’ve gotten much better since publishing this. If you’re new or looking for the best way to learn about the Dot-Com market cycle, start with The Dot Com Boom: Netscape Lights the Fuse (Part 1). If you’re just exploring our origin story, by all means listen here.

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In the 1990s, the personal computer and the internet combined to transform the global economy. The dot-com boom built on the promise of the World Wide Web led to one of the longest economic expansions on record. From the Netscape IPO in 1995 to its peak in early 2000, the Nasdaq skyrocketed over 800%. By 2002, it came tumbling down erasing nearly $5 trillion in market value.

The boom turned into a crash that permanently changed how Wall Street operates, wiped out scores old and new companies, restructured the power structures of Silicon Valley, and revolutionized the global economy. Most importantly, there are elements of the dot-com story that rhyme with today's AI boom.

Chapters:

(01:09 ) Market Backdrop

(12:51 ) Technology Backdrop

(21:31 ) Birth of Dot Com

(43:45 ) Setting the Stage on Wall Street

(01:01:13 ) The Crash before the Crash

(01:10:59 ) Euphoric Markets

(01:23:51 ) The Bubble Pops

(01:45:30 ) The Aftermath

References:

Origins of the Crash

Dot.con

The New New Thing

Technological Revolutions and Financial Capital

Stocks for the Long Run

The Rise and Fall of American Growth

The Fabulous Decade

Capital Account

Mr. Buffett on the Stock Market

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