DotCom
Condemned to the 1st Circle of Hell

Definition:

When we hear this word, it automatically points us towards the direction of the World Wide Web or the Internet. Apparently, it points towards websites which usually have URL addresses. In business, it also embraces the fruits of technology to which people resort to cyberspace as a means of enhancing business operations today.

A shortcut rather than saying the entire domain name, it is a clear tag towards embracing websites becoming part of a business empire today.

The dotcoms took the world by storm in the late ’90s, rising faster than any industry in recent memory. Despite the fact that most internet companies were losing money hand over fist, they were given huge valuations on the stock market – but it didn’t last for long. The Nasdaq hit its high in March, 2000, and within a few years most of the dotcom sector was wiped out. – Investopedia

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