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2001

Dot Com boom and bust

The Dot Com Boom and Bust[manual_related_posts]Key to Cisco’s development is our commitment to building culture through shared mission and values. Early culture cards such as this are worn alongside employee keycard badges.Key to Cisco’s development is our commitment to building culture through shared mission and values. Early culture cards such as this are worn alongside […]

Dot Com boom and bust

2001

As the public embraced the Web and e-commerce, web-based business expectations boomed. Nearly every possible business transaction moved to the Web to fulfill anticipated user needs. Many believed this to be the new Gold Rush and bought in big. Demand did not rise to meet expectations and within one year, technology stocks lost about 60% of their value.

As the public embraced the Web and e-commerce, web-based business expectations boomed. Nearly every possible business transaction moved to the Web to fulfill anticipated user needs. Many believed this to be the new Gold Rush and bought in big. Demand did not rise to meet expectations and within one year, technology stocks lost about 60% of their value.