Which 2000–2002 crash followed the collapse of many Internet-related companies?

The 2000–2002 crash that followed the collapse of many Internet-related companies was the dot-com bubble crash.

During the late 1990s, investors poured money into Internet businesses, often assigning high valuations to companies with little revenue or no profits. The Nasdaq Composite, heavily weighted toward technology stocks, reached a peak of 5,048.62 on March 10, 2000.

After confidence weakened, many dot-com companies failed or lost most of their market value. The Nasdaq fell about 78% from its peak to its October 2002 low. The decline also affected established technology firms, venture capital, employees, and the broader U.S. economy.

The crash did not mean that the Internet had no economic value. Companies with durable business models eventually became major enterprises, while speculative ventures disappeared. The bubble is therefore a warning about valuations and investor enthusiasm, not evidence that Internet technology itself was a temporary fad.