Developing Rich Insights on Public Internet Firm Entry and Exit Based on Survival Analysis and Data Visualization

More than a decade after the dot-com boom starting in the early 19905 and several years after the stock market downturn in 2000, the Internet sector is gaining traction. However, many Internet firms are still trying to learn lessons from the dark days between 2000 and 2003 after the burst of the Inte...

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Bibliographic Details
Main Authors: KAUFFMAN, Robert J., WANG, Bin
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2008
Subjects:
Online Access:https://ink.library.smu.edu.sg/sis_research/2784
http://doi.org/10.1002/9780470315262.ch8
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Institution: Singapore Management University
Language: English
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Summary:More than a decade after the dot-com boom starting in the early 19905 and several years after the stock market downturn in 2000, the Internet sector is gaining traction. However, many Internet firms are still trying to learn lessons from the dark days between 2000 and 2003 after the burst of the Internet bubble, when an estimated 5000 Internet firms either shut down their websites or were acquired by other firms (Webmergers.com 2003). Entrepreneurs came to realize the importance of the bottom line rather than the installed base or market share. Similarly, investors learned to stop blindly going after anything that could be viewed as a dot-com firm and began to focus on those with a sound business model and profit-generating business strategies.