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Dotcom

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Dotcom
A company that embraces the internet as the chief component in its business.
    
A Dot-com company, or simply a dot-com, is a company which does most of its business on the Internet, usually through a website that uses the popular top-level domain, ".com" (in turn derived from the word "commercial"). During the stock market crash ending the Dot-com Bubble, many failed and failing companies became known as dot-bombs, dot-cons, dot-composts or dot-gones.
    
While dot-com can refer to present day companies, it is also used specifically to refer to companies with this business model during the late 1990s.
    
The dotcoms took the world by storm in the late '90s, rising faster than any industry in recent memory. Despite the fact that most internet companies were losing money hand over fist, they were given huge valuations on the stock market - but it didn't last for Long. The NASDAQ hit its High in March of 2000, and within a few years most of the dotcom sector was washed off.
Posted by  LISA Life Insurance Settlement Association
 
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