Week 11 Assignment

By: Sarah Tran

The Dot.com Boom

The dot-com boom is the period of investments that formed around internet companies between 1995-2000. Prices of the internet encouraged investors to pour money into a company with a '.com' or 'e-something' in its business plan. This form of capital encouraged internet companies to form, to earn easy money.

Microsoft and Bill Gates

William (Bill) H. Gates is the founder, technology advisers and board member of Microsoft Corporation He served as its chairman of the board until Feb. 4, 2014. Gates, along with childhood friend Paul Allen, began developing software for personal computers on April 4, 1975 because they believed computers would be a valuable tool in offices and in every home. Microsoft launched several versions of Microsoft Windows in the 1990s, that captured over 90% market share of the world's personal computers.

IBM

IBM, or the International Business Machines Corporations is an American multinational technology and consulting corporation. Founded by Charles Ranlett Flint in 1911, IBM was originally CTR or the Computing-Tabulating-Recording Company then the Tabulating Machine Company, then the International Time Recording Company, then Computing Scale Company. However, it finally changed to IBM, the International Business Machines in 1924 and served to offer infrastructure, hosting and consulting services in areas ranging from mainframe computers to nanotechnology.The company has manufactured and sold such equipment as dial recorders, job recorders, recording door locks, time stamps and traffic recorders. On August 12, 1981, the IBM PC was built, after breaking through in the technology business IBM became a wealthy company that equipped people with PC's and other technological advances.

Amazon.com

Founded on July 6th, 1994 by Jeff Bezos, Amazon was the first website to sell technology.

Amazon was one of the first online websites and it sold products such as computer hardware, computer software, compact discs, videos and books. Amazon sold online books at a cheaper price that hard copies, which began to hurt bookstores. Amazon expanded their sold products to not only technology but to clothes, cameras, kitchen supplies, etc. Amazon sparked many new online stores that offer an online price along with a shipping price for goods that you could buy in stores.

Yahoo

Originally called Jerry and David's guide to the world wide web, then changed in 1995 to Yahoo, was founded in January 1994. Yahoo was a huge technological leap because it allowed people to search other websites. They were able to search for key terms and large amounts of results pertaining to the topic would show up. The search engine allowed for education answers online and papers online.

Dell

Michael Dell was the founder of Dell, a computer company founded in 1984. He sold IBM PC-compatible computer and was one of the first companies to directly sell personal computers. Computers became cheaper and easier for people to buy and use because of their mass production. Due to their large success Dell opened fields of products for printers, audio players and televisions, all of which were cheap and popular as well as growing in demand.

E-Bay

Pierre Omidyar founded E-Bay on September 3, 1995. This site was new to the public because it was a version of online auction. People were able to put their items online and sell, as well as search for an item and buy or auction for it. This allowed for home access to shopping, and a market for online goods.

PC Era

the PC era was started by IBM and followed by other companies like Dell. PC's were becoming cheap and easy to assemble due to mass production and the readily available stores selling the PC's. The PC era allowed users to have access to the world wide web and search for anything the needed or wanted. Sites such as Ebay and Amazon allowed users for online access to markets. Search engines like Yahoo allowed students to do homework online, people to work at home, and broaden communication throughout the world. The PC era also created new fields with computers and forms of technologies.

Part II

1. Create a slide that explains why the Dot.com Era eventually led to a economic bubble that bursted?

The dot-com boom led to an economic bubble that burst because with many online startup fails, investors cut off funding or unprofitable businesses. Many online businesses lost their profits and had to close down due to the large amounts of similar websites that were better. However, not all dot.com companies failed, some like Amazon and E-bay were successful and increased online profits.

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

The dot.com bubble most likely relates to today's trends because the start of dot.com era allowed for more online opportunities. Trends such as social medias can relate back to the dot.com era pc era because they allowed for communications throughout the world. Trends such as online shopping started form dot.com websites like amazon and ebay. Lastly the dot.com era put information online to build and improve technologies which resulted in product trends like printers, audio-players, television, etc.