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Michael Wong

4,854 Internet Companies Have Been Acquired or Shut Down Since the End of the Dot-Com Boom

According to WebMergers, three years after the peak of the dot com frenzy, nearly 5,000 Internet companies have either been acquired or shut down in a massive sector consolidation. At least 4,854 Internet companies have either been acquired or have shut down in the three years since the dot com investment boom peaked in Q1 of 2000. Since then, buyers have spent $200 billion to acquire 3,892 Internet properties.

Posted under Statistics & Trends on March 11, 2003.

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