Main Takeaway: In 1999, people put their entire savings into companies that sold pet food online. What if the internet died before Google, Amazon, or the iPhone even existed?

The Dot Com Bubble Explained Like You Re 5 -

In 1999, people put their entire savings into companies that sold pet food online. What if the internet died before Google, Amazon, or the iPhone even existed?

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  • In 1999, people put their entire savings into companies that sold pet food online.
  • What if the internet died before Google, Amazon, or the iPhone even existed?

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In 1999, people put their entire savings into companies that sold pet food online. By 2002, $5 trillion in market value had vanished.