Here’s what $10K invested at the height of the dot com boom would be worth today - The Fact Factory

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Saturday 27 June 2020

Here’s what $10K invested at the height of the dot com boom would be worth today


20 years have passed since the dot com crash. In the five years leading up to the new millennium, feverous markets thirsty for internet stocks drove the Nasdaq Composite stock index up 400% in just five years, growth that proved unsustainable after Y2K. Casualties of the bubble, one of the largest in history, are basically endless. Sock puppet peddlers Pets.com, Webvan.com, and Disney’s Go are commonly cited dot com flops, but many top companies from back then eventually evolved into our current industry giants. Let’s say it’s 31 December, 1999, and investing is your New Year’s resolution. You start with $10,000 split…

This story continues at The Next Web


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