Which bubble burst in 2000 after soaring valuations in Internet companies?

The bubble that burst in 2000 after soaring valuations in Internet companies was the dot-com bubble.

During the late 1990s, investors poured money into companies associated with the expanding World Wide Web. Many firms had little revenue or no profits, yet their shares reached extreme valuations. The Nasdaq Composite became a central measure of this enthusiasm.

The Nasdaq peaked at 5,048.62 on March 10, 2000. It then fell sharply as investors reassessed business models, financing needs, and realistic growth prospects. Numerous Internet startups failed, while some durable technology companies survived and later became major businesses.

The dot-com crash was not the same as the 2008 financial crisis. It centered on technology-stock valuations and venture financing, whereas the later crisis involved housing credit, mortgage securities, banks, and global financial markets.