Dotcom death

In February 2000, stock prices for e-business and "Dot-com" companies started to fall. Many companies had very weak and optimistic business plans, failed to raise renewed funding, and had to lay off workers and close down operations.

A parody on Fast Company, a leading magazine of the New Economy[?] era, the website Fucked Company (http://www.fuckedcompany.com/) started to list crashing enterprises with the number of layoffs.

The downtrend first reached the highly specialized "dotcom" companies, but soon spread to computer manufacturers, telecom, and industry in general.