When the dot com boom faltered in 2000/2001
Once upon a time when the www was still a new thing, a bunch of people realised the possiblity for income from this new resource. Thus, the comercialisation of the www began. As computer and internet access became more accessable via cheeper prices and more availablity, the amount of money dot coms brought in was in some cases incredible. Thus, we ended up with dom com billionare senarios where (for example) 21-year-olds were becomming rich in some cases very quickly.
Unfortunatly, it wasen't meant to last. Much of the dot com income came from advertising via banner ads and pop-ups.
Unfortunatly, as people grew tired of these and learned to ignore the banners and close the pop-ups the second they appeard (and started using pop-up blockers), the value of online advtertising rapidly fell. Suddenly, the amount of revenue gained from ads plumeted and (as an example) it started taking like thirty clicks or views of an ad to earn as much compensation as one would get.
Saldly, a lot of dom coms coudlen't keep up and what accounted for much on their income vanished.
In a matter of months, what was a booming industry suddenly became a bust industry. dom coms were failing right left forward and center, people were losing jobs with their entire investments lost because the companies stock prices plumeted and the job market was flooded with former dom com employees desperatly seeking employment.
Since so many people thought the dom com boom would last forever, they had invested a lot of money in dot com companies. They too ended up losing massive revenue and in some cases had to lay off a employees their losses were so severe.
As a result, we now have more unemployed computer professionals then any other industry COMBINED and finding a computer job is incredibly difficult.
Once upon a time when the www was still a new thing, a bunch of people realised the possiblity for income from this new resource. Thus, the comercialisation of the www began. As computer and internet access became more accessable via cheeper prices and more availablity, the amount of money dot coms brought in was in some cases incredible. Thus, we ended up with dom com billionare senarios where (for example) 21-year-olds were becomming rich in some cases very quickly.
Unfortunatly, it wasen't meant to last. Much of the dot com income came from advertising via banner ads and pop-ups.
Unfortunatly, as people grew tired of these and learned to ignore the banners and close the pop-ups the second they appeard (and started using pop-up blockers), the value of online advtertising rapidly fell. Suddenly, the amount of revenue gained from ads plumeted and (as an example) it started taking like thirty clicks or views of an ad to earn as much compensation as one would get.
Saldly, a lot of dom coms coudlen't keep up and what accounted for much on their income vanished.
In a matter of months, what was a booming industry suddenly became a bust industry. dom coms were failing right left forward and center, people were losing jobs with their entire investments lost because the companies stock prices plumeted and the job market was flooded with former dom com employees desperatly seeking employment.
Since so many people thought the dom com boom would last forever, they had invested a lot of money in dot com companies. They too ended up losing massive revenue and in some cases had to lay off a employees their losses were so severe.
As a result, we now have more unemployed computer professionals then any other industry COMBINED and finding a computer job is incredibly difficult.
I lost my job durring the dot com bust and wasen't able to get another computer job. I'm now working in a warehouse for minimum wage.
by anonymous November 6, 2004
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A website that lists the meanings for modern day terms as defined by every-day people. Unfortunately, quite a few of these people are unintelligible, narrow-minded and/or foolish. Because of this fact, one who wishes to find an accurate definition of a term they’ve heard is left with the problem of sorting through all of their nonsensical garbage before they can find an accurate piece of information.
However, there are others who submit very precise definitions that are easy to understand and superbly written. These people make up for all the useless trash that clogs the listings, and are much appreciated by the website’s many visitors.
However, there are others who submit very precise definitions that are easy to understand and superbly written. These people make up for all the useless trash that clogs the listings, and are much appreciated by the website’s many visitors.
Person A: What is a 'tard'?
Person B: I'm not entirely sure. Perhaps urban dictionary dot com will have it's definition. They have a lot of modern day terms and their meanings listed there.
Person A: Oh, I don't think so. Anyone can submit information to that site. You never know what's right and what's wrong...
Person B: It's worth a try. The writer could be a genius or a fool, but it's a gamble worth taking in the end.
Person B: I'm not entirely sure. Perhaps urban dictionary dot com will have it's definition. They have a lot of modern day terms and their meanings listed there.
Person A: Oh, I don't think so. Anyone can submit information to that site. You never know what's right and what's wrong...
Person B: It's worth a try. The writer could be a genius or a fool, but it's a gamble worth taking in the end.
by Jyros September 10, 2008
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What kind of fool comes to work smellin like hooch, a G-Dot thats who.
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Jimmy Fallon: Yeah dude I gave her the best Indian shit dot I’ve ever seen!
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