The phenomenon we call "the Internet bubble" was characterized by:
A)many Internet businesses that had not attained profitability.
B)venture capital available to even questionable business models.
C)both of the above.

Question

Quizplus · Accepted Answer

The Internet bubble was characterized by both many Internet businesses that had not attained profitability and venture capital available to even questionable business models. This led to a significant increase in the number of dot-com companies, some of which had high valuations despite not having a clear path to profitability. The bubble eventually burst in the early 2000s, causing many of these companies to fail and resulting in a significant loss of investment capital.

The Phenomenon We Call "The Internet Bubble" Was Characterized By