---
title: "Dotcom Bubble Bursts"
year: 2000
country: "United States"
canonical: "https://recap.at/2000/dotcom-bubble-burst"
slug: "dotcom-bubble-burst"
recapType: "global_event"
startDate: "2000-03-10"
---

# Dotcom Bubble Bursts

> Overvalued internet companies collapsed en masse, wiping out trillions in market value and ending an era of speculative excess.

## Summary

The dot-com bubble was a stock market bubble that developed during the late 1990s and peaked on March 10, 2000. This period of market growth coincided with the widespread adoption of the World Wide Web and the Internet, resulting in a dispensation of available venture capital and the rapid growth of valuations in new dot-com startups. Between 1995 and its peak in March 2000, investments in the Nasdaq Composite stock market index rose by 600%, only to fall 78% from its peak by October 2002, giving up all its gains during the bubble. It is also known retrospectively as the tech–media–telecom (TMT) bubble, since it boosted established companies in those sectors as well as Internet startups.

## Sources

- [Dot-com bubble burst](https://en.wikipedia.org/wiki/Dot-com_bubble) - Wikipedia

---
Canonical: https://recap.at/2000/dotcom-bubble-burst