Investors in the 1990s were deeply skeptical of the new "dot coms," companies that did not seem to actually produce anything.

Question

Quizplus · Accepted Answer

Many investors in the 1990s were actually very enthusiastic about "dot com" companies, often investing heavily despite the companies not having traditional business models or clear paths to profitability. This led to the dot-com bubble, where stock prices were driven to unsustainable levels before crashing.

Investors in the 1990s Were Deeply Skeptical of the New