Internet boom

The Internet boom was a period in the late 1990s and early 2000s characterized by rapid growth in internet usage, investment, and new online companies. During this time, many businesses and entrepreneurs believed the internet would transform commerce and communication, leading to a surge in startup companies and soaring stock prices for tech firms. This enthusiasm resulted in an economic bubble, which eventually burst around 2000, causing many companies to fail. Overall, the boom significantly expanded the internet's presence in daily life and laid the groundwork for the digital economy we see today.