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Dot-Com Craze Peaked 10 Years Ago This Week

Posted by kdawson on from the irrational-exuberance dept.

netbuzz writes "When the NASDAQ stock index hit its all-time high of 5,133 on March 10, 2000, it had more than doubled in a year and the dot-com bubble was already leaking in a big way. A week later the NASDAQ had fallen 9 percent. A year later it was below 2000. Gone were such poster children of the era as Pets.com, Kozmo, and — who could forget? — Whoopi Goldberg's Flooz. Here's a look back."

20 of 192 comments (clear)

  1. I'm just waiting on this .info thing to peak by Anonymous Coward · · Score: 5, Funny

    GoDaddy said these .info domains were the future! And they let me have one for the low low price of $1.99!

  2. So does anyone want to buy by LynnwoodRooster · · Score: 2, Funny

    15,000 Flooz notes? Going cheap! I'll trade for a pets.com sock-puppet...

    --
    Browsing at +1 - no ACs, I ignore their posts. So refreshing!
    1. Re:So does anyone want to buy by nweaver · · Score: 2, Funny

      Sorry, no deal. My pets.com new-in-box sockpuppet is part of the centerpiece of my collection...

      --
      Test your net with Netalyzr
  3. dot com business model (no, not the ??? one) by Shakrai · · Score: 3, Funny

    Let's sell dimes for a nickel and make it up in volume......

    --
    I want peace on earth and goodwill toward man.
    We are the United States Government! We don't do that sort of thing.
  4. Ha, My .com artifacts lasted longer... by nweaver · · Score: 5, Funny

    I still have, in my office, my pets.com sock puppet (still in box), the business cards for Petopia.com's CEO and CFO, my webvan box, and most precious, the receipt for 1 pack of lifesavers (5 flavor, $.48) delivered by Webvan for no-charge.

    Ahh, those were good times...

    --
    Test your net with Netalyzr
    1. Re:Ha, My .com artifacts lasted longer... by longacre · · Score: 5, Funny

      1 pack of lifesavers (5 flavor, $.48) delivered by Webvan for no-charge.

      The dotcom implosion can actually be traced back to this particular transaction. Way to go.

      --
      Airplane Photos, Airline News, Planespotting Guides
    2. Re:Ha, My .com artifacts lasted longer... by nweaver · · Score: 2, Funny

      You're welcome!

      Seriously, the office of grad students I was in, we made it our DUTY to help the dumb net companies implode. EG, we were really really good at exploiting ValueAmerica, and everytime Webvan had 2L bottles of diet coke on special, we'd order a ton delivered to our door...

      --
      Test your net with Netalyzr
  5. Re:Being naive, I lost a lot of money that year by Anonymous Coward · · Score: 2, Funny

    Hey, can you let us know when and where you're investing next? I need to know what to sell.

  6. WE ARE STILL ROCK STARS! by Anonymous Coward · · Score: 4, Funny

    I am a Ruby on Rails developer, and I AM A ROCK STAR. You think you know CRUD? Nuh uh! Me, RoR and ActiveRecord will kick your pathetic ass, because not only are we ROCK STARS, but we are CODE NINJAS.

    See my fedora? Yeah, you do, bitch. It shows I'm real. I'm only 18 and haven't been to university, and my startup has no real customers, but me and AJAX will whoop your ass and make you worship DHH.

    BRING IT.

  7. Re:the dotcom boom by spun · · Score: 3, Funny

    Where is this wonderful meritocracy you live in, and can I move there?

    --
    - None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton
  8. Re:Programmers where like Rock Stars... by Opportunist · · Score: 2, Funny

    Rockstars? Oh yeah? Where were my groupies?

    --
    We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
  9. Re:Where were YOU when the bomb dropped? by spun · · Score: 5, Funny

    I'm pretty sure that I was head of IT for a non-profit medical marijuana club in San Francisco.

    --
    - None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton
  10. Re:Kozmo.com by ClosedSource · · Score: 4, Funny

    But now we have companies with down-to-earth business plans - like twitter.

  11. Re:Where were YOU when the bomb dropped? by greywire · · Score: 2, Funny

    Pretty sure?

    Must have been some good sh!t...

    --
    -- Senior Software Engineer, Attorney appearance services, locallawyerapp.com.
  12. Re:Kozmo.com by PerfectionLost · · Score: 2, Funny

    And newspapers.

    Did you mean to make this plural?

  13. Re:Programmers where like Rock Stars... by Sponge+Bath · · Score: 4, Funny

    I entered college in Fall 2009...Fast forward to Fall 2003 when I graduated...

    Back to the future!

  14. Re:Programmers where like Rock Stars... by Mursk · · Score: 2, Funny
    Post worded as intended

    Are you sure? :P

    --
    "This thing does science so hard, you say, 'I've never seen that much science.'" -Sam
  15. Y2K bug by mrboyd · · Score: 2, Funny

    Most likely a shitty automated brokerage system that initiated a fire sale when he calculated the net earning of his NASDAQ stock over the first trimester of 1900... Sheeple panicked, history ensued. And they say the Y2K bug had no impact... Geee.

  16. Re:the dotcom boom by eln · · Score: 3, Funny

    On the bright side, these paper millions did result in one of the most unintentionally hilarious essays ever written. So, it wasn't a total loss.

  17. Re:Kozmo.com by imakemusic · · Score: 2, Funny

    I'm not sure I like the idea of an airline with a down-to-earth business plan.

    --
    Brain surgery - it's not rocket science!