Week 11 Assignment

By: Katie Brenneke

The Dot.com Boom

The dot.com boom essentially began with the introduction of he suffix, .com, to the newly developed English internet language.


The boom was an investment bubble, or a trade at illogically high prices, that happened in the late 90s and early 2000s inside of internet competitors. The competitors were more subject to investing most of their money in the websites using the .com label because the prices were higher. This event basically started internet and internet competition. The cause of such events was only of an easy money motive.

Microsoft and Bill Gates

Bill Gates came from a fairly smart family, however, he found a passion himself of technology. Little did he know that he would make such a large, long lasting impact on the world and encourage so much more technology possible.


Gates had shown a passion for computer programming at an early age and later after challenging himself by going to Harvard and improving his abilities, he found a partner and founded a--very sketchy looking--Microsoft corporation.


As other competing companies arose such as Intel, apple, and IBM, Microsoft began to compete and Gates continued to push for it to be the ultimate winner. In the process, he put PCs in peoples homes, compacted his innovations, became more efficient, and even began making millions. Gates, even today, has changed the lifestyles of people all over the world forever.

IBM

In 1911 IBM was first noted as it was incorporated into New York as the Computing-Tabulating-Recoding Company.


The company began as one varying in their products. It expanded outside of New York City quickly as people became interested in its services and the competitive value that the business had. In 1914 Thomas J. Watson became a part of the company and later lead as president, finally sparking the later huge success. Watson was able to expand the horizons of the manufacturing and increased productivity eventually through innovation.


After the great depression, Watson struggled with the company financially but used communications to improve especially in wartime. IBM came into the 21st century as a very technologically competitive company.

Amazon.com

Amazon went online in1995 as a bookstore but quickly expanded to an all around online store for products.


They typically waited and hoped for a profit within around five years however, the website and backers flourished after the dot.com boom. When the dot.com boomed and took down many competitive internet companies in the process, Amazon survived, and continued to flourish, improve, and expand to become a top competitor in online sales.

Yahoo

Yahoo was created by Jerry Yang and David Filo, in January 1994. Both men were students of Stanford University and decided to embrace their talents along with their passions to start something tat they could put such qualities to work.


Yahoo became a new way for people o communicate, hat is, on top of the act that technology before heir era was extremely minimal. The partnership set up a well organized website to spread information, to share news, to link to other people, places, and topics.

Yahoo was instantly successful. The cite additionally was backed by wealthy investors sought out o the technology region of the US, silicon valley. After incorporating Google search engine, Yahoo blew through the roofs. Without it, the current generation wouldn't have developed in he inventive way that It has.

Dell

(Timeline of events from Dell Website)

1984 — At the age of 19, Michael Dell found PC's Limited with $1,000 and a game-changing vision for the technology industry.

  • 1988 — We complete our initial public offering, raising $30 million and increasing market capitalization from $1,000 to $85 million.
  • 1992 — Dell debuts on the Fortune 500, making Michael Dell the youngest CEO on the list.
  • 1996 — Dell.com launches, generating $1 million in sales per day just six months after site is live.
  • 2001 — Dell becomes the No. 1 computer systems provider worldwide.
  • 2005 — Dell tops the list of "America's Most Admired Companies" in Fortune magazine.
  • 2010 — Dell is ranked the No. 1 healthcare information technology services provider in the world according to Gartner, Inc.
  • 2013 — Michael Dell and private equity firm Silver Lake Partners buy back Dell from public shareholders to accelerate our solutions strategy and to focus on the innovations and long-term investments with the most customer value.

  • Just as the company states, Dell has evolved with the constantly evolving technology world. The company continues to grow and has changed the lives of people on a global scale. Overall, Dell has provided to people a new world, in reality, has provided communication, connection, association, cooperation etc. for the past 30+ years of humans across the world, globally.

    EBay

    In 1995 Pierre Omidyer founded eBay as a primary website for the sale or transfer of goods and or services by people without physically exchanging.


    The site began as a very low key page in which was located on the same area as Omidyer's informational articles. Originally called Auctionweb, eBay took over his website and was gaining much more viewers and users than that of his other pages. Additionally, the site benefitted from the dot.com boom. EBay has become another staple website of the current generation and has continued its impact/success.

    The PC Era

    After the introduction of various computers and computer based objects, the generation has competed between companies but PC has been a huge player in the game from the beginning.


    PC, or a personal computer, has basically become a household 100% statistic. In the mid 90s and early 2000s, PC arose and became useful in peoples everyday lives. The general public across the world has used PCs for all types of things and are now worldwide along with many adaptations even seen in small portable cell phones.

    Why did the Dot.com Era eventually led to a economic bubble that bursted?

    The dot.com era eventually lead to an economic bubble that bursted because the companies were investing so much money into the .com websites that they ended up losing a lot in the process. Investors put money into highly sought upon web companies but not all during this period (the 1990s) were making great deal of money. Many of tem just gave the investment all they had because the were confident in the corporations, however, taking a more cautious approach would have been more beneficial to them with out such a hard hitting repercussion.

    Predict how the Dot.com bubble of the 1990's might relate to technological trends today.

    The Dot.com bubble of the 1990s may relate to technological trends today because investors could be doing more research. Now, with such a developed era along with technologically savvy people, investor's need to be much more careful of what they put heir money into. People are so accustomed to hacking, bugging, or creating pointed junk on the internet now that it is a very unpredictable space. In addition, with the lesson learned with losing the money, investors may be more careful in their investments, making more precautions before investing, and investing less.