10 Years On: When the bubble burst

THE YEAR THE fst Financial Services Technology DOT-COM $2.7 BILLION BUBBLE BURST WAS LOST ON THESE 10 FAILED GO.COM DOT-COMS ALONE ON 10 MARCH 2000, THE NASDAQ COMPOS- $790m ITE PEAKED AT 5132.52. THE BURST OF THE FLOOZ DOT-COM BUBBLE WAS IMMINENT AND THE KOZMO.COM NASDAQ WOULD CRASH SO SPECTACULARLY $50m $280m THAT IT WOULD NEVER FULLY RECOVER FROM THE BURST. EVEN TODAY, IT STILL SITS AT ABOUT 54 PERCENT BELOW THAT LEVEL. HERE WE TAKE A LOOK AT SOME WEBVAN OF THE BIGGEST FINANCIAL E-TOYS.COM PETS.COM $800m LOSSES OF THE BURST. $247m $300m MVP.COM $65m GOVWORKS $60m KIBU.COM $22 BOO.COM $100m EARLY 00 OCT 00 NOV 00 DEC 00 JAN 01 FEB 01 MAR 01 APR 01 MAY 01 JUNE 01 JULY 01 AUGUST 01 $1.65 TRILLION 50% $5 TRILLION THE COMBINED VALUE OF THE 6 BIGGEST TECH-COMPANIES ESTIMATED PERCENTAGE OF IN MARKET VALUE OF TECHNOLOGY COMPANIES IN 1999. THAT WAS 20% OF THE US'S GDP. DOT-COMS THAT SURVIVED THE BURST WAS WIPED OUT BETWEEN 2000 AND 2002 SOURCES: CNET, NATIONALPAYDAY.COM, MARKETING MINEFIELD, WIKIPEDIA