News & Events

Some Very Valuable Lessons Were Gleaned from the Dot-Com Crisis

Scott Clark, a Cedar Rapids-based columnist who occasionally teaches at the Tippie College of Business, writes, "A scant 18 months ago, many of my students at the UNIVERSITY OF IOWA were still eager to create dot-com companies, having read about the millions of dollars raised in venture capital overnight and the soaring value of dot-com stocks." In retrospect, he writes, it's clear that the bubble was "fueled by greed rather than by sound business practices. Aspiring Internet entrepreneurs thought they could bypass the long haul to success and achieve instant wealth just by hanging out a dot-com shingle."

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