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dot com bust

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.
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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rom-com

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by paul raine May 5, 2004
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hmm.. interesting, many people on this site are hypocrits. YOU think you can hide by saying racist comments, cmon seriously picking people to be editors is pretty foolish. i dont care if this isnt added. as long as someone reads it and is a reasonable person im happy. i just want the reader to know the effect it has on everyone.

Ever tried searching your race?Religon?skin colour?language?your god? I have. you cannot find one of these pages without a single racist comment. How would you feel if someone was rude to you? Of course you would not like it. I am a muslim and have searched the words,"allah". "muslim". arab" everything you can think of. I respect that people are entitled to their opinion and have a right to speak, but this comes with responsibility; try searching those words and see the horrid, hurtful, tearful, pathetic and annoying.

It can stop now! YOU can do your part. just follow the rules and do not counter-definiton someone who is hurtful towards you or something to do with you, all you need to do is ignore this and make at least (this idea came from a very amazing tear jerking film called pay it forward, must see!) 3 very good, funny, rule obeying definitions. People see this and they make 3 good definitions, it gets bigger and bigger and bigger! It really works, never doubt it, just have faith with yourself and others.

thanks for taking your time to read it.
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a thread on emoscene.com

subject: if you where me you'd hate it.
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