#19: The Dot-Com Investment Frenzy (1999)
In the late 1990s, all you needed was a “.com” in your company name to attract a flood of cash. Investors poured billions into internet startups, valuing sky-high expectations over actual profits. Many of these companies had no clear path to making money. They spent fortunes on flashy Super Bowl ads and lavish office parties, burning through cash while chasing growth at all costs. The bubble was bound to pop, and it did in 2000. Technology stocks cratered, and the Nasdaq exchange lost most of its value. Billions in investment capital vanished.
