The Rise and Fall of the Dot Com Enterprises

Laffey, D. (2004) The Rise and Fall of the Dot Com Enterprises. International Journal of Entrepreneurship Education, 2 (2). pp. 167-202. ISSN 1649–2269. (The full text of this publication is not available from this repository)

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Abstract

This paper looks at the dot com phenomenon drawing mainly on examples from the USA where the boom started and was most pronounced, but also from the UK which had a number of high profile dot coms. It starts by asking the question, ‘Who were the dot coms?’. It then goes on to consider the factors which led to the emergence of the dot coms such as the emergence of the commercial Internet, the lowering of entry barriers which followed from this and the funding available for new businesses through venture capital. The article also looks at the reasons why it was believed that the dot coms represented a threat to established businesses. The article then looks at the booming IPO market for dot coms and the opportunities this provided for exit by venture capital investors. The crash of 2000 is considered, lessons are drawn for entrepreneurs and investors and finally the article looks at future prospects for the dot com sector.

Item Type: Article
Subjects: H Social Sciences
Divisions: Faculties > Social Sciences > Kent Business School
Depositing User: Des Laffey
Date Deposited: 01 Oct 2008 09:09
Last Modified: 30 Nov 2011 15:22
Resource URI: http://kar.kent.ac.uk/id/eprint/10874 (The current URI for this page, for reference purposes)
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