STATIC WEB

Before 2001 , most websites push information to consumers via read-only interfaces . Server file systems store content , and the average internet user can ’ t do much more than absorb static knowledge . As a result , websites have only limited flexibility and functionality .

DOT-COM CRASH

In the late 1990s , internet entrepreneurs launch an estimated 7,000 to 10,000 online ventures . Excessive speculation means that most companies secure backing without quality products or profit track records . The result ? Sky-high valuations and record losses . By midway through 2003 , investors lose trillions of dollars .

20 June 2021