Of course, it also wasn't long before someone figured out how to make
money from the Web and naturally everyone jumped on the bandwagon.
Enter the dotcom boom and bust! Unfortunately, for the Internet and
consequently Internet-based businesses, the dotcom fiasco hurt a lot of
people who perhaps, buoyed up by bullish sentiment from investment
houses and brokers who understood all too well the amount of money they
stood to make, invested in something they didn't fully understand. At
the time, very few Internet-based businesses had shown that they were
reliable, stable, and profitable. Nevertheless, the money kept flowing
in and the new technology companies kept spending it—on what, no one
was quite sure.
However, when the bubble burst, not all Internet initiatives collapsed.
Some came through it a little worse for wear, but far more resilient,
and many more learned valuable lessons about how to approach this new
platform for commerce and trade.
Mediafire
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