Andrew Fry Dot Boom to Dot Bomb

The presentation by Andrew Fry was about the dot.bomb collapse of 2000, using plastic dinosaurs to represent different large internet communities during different times between 1992 and 2005.  During the years leading up to the bust where companies started to go under left and right, many companies were being named with something ending in ".com" because it would lead to it being worth more by name alone.  Companies were being created with such names with the sole purpose of getting to the IPO stage, and because of the time it was happening at record pace.  The problem with this however was that the companies weren't being created out of a want to solve some sort of problem for a consumer, they were being created with the sole purpose of being sold for large sums of money.  Some people had taken notice that this abnormal growth rate was going to lead to a collapse in the near future, and just before the bust started the book "The Internet Bubble" was published, but the big companies at the time disregarded it.  The bust was so large that a website at the time called "fuckedcompany.com" was listing which companies were going under.  After the dust settled, in 2002 Amazon posted that they had a profit, and companies such as Ebay and Yahoo were growing at a healthy pace, signaling the end of the bust.  During the bust many people went from filthy rich to dirt poor overnight.  A large problem during the boom time was that the average person couldn't figure out what was fact and fiction from the way the internet was being portrayed in movies at the time.  With movies such as "The Matrix" portraying the internet as this magical domain, people didn't know what to believe.