The dot-com bubble was a historic period of excessive speculation mainly in the United States that occurred roughly from 1994 to 2000, a period of massive growth in the use, and adoption of the Internet.
Initial public offering (IPO) or stock market launch is a type of public offering in which shares of a company are sold to institutional investors and usually also retail (individual) investors. An IPO is underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as floating, or going public, a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded.
An Investment bank is a financial services company or corporate division that engages in advisory-based financial transactions on behalf of individuals, corporations, and governments. Traditionally associated with corporate finance, such a bank might assist in raising financial capital by underwriting or acting as the client's agent in the issuance of securities. An investment bank may also assist companies involved in mergers and acquisitions (M&A) and provide ancillary services such as market making, trading of derivatives and equity securities, and FICC services. Most investment banks maintain prime brokerage and asset management departments in conjunction with their investment research businesses. As an industry, it is broken up into the Bulge Bracket, Middle Market, and boutique market.
TradeStation Group, Inc. is the parent company of online securities and futures brokerage firms and trading technology companies. It is headquartered in Plantation, Florida, and has offices in New York; Chicago; Richardson, Texas; London; Sydney; and Costa Rica. TradeStation is best known for the technical analysis software and electronic trading platform it provides to the active trader and certain institutional trader markets that enable clients to design, test, optimize, monitor, and automate their own custom equities, options, and futures trading strategies. TradeStation Group was a Nasdaq GS-listed company from 1997-2011, until acquired by Monex Group, a Tokyo Stock Exchange listed parent company of one of Japan's leading online securities brokerage firms.
TD Waterhouse is the brand used for a Canadian brokerage within Toronto-Dominion Bank. It was also formerly used for TD's American and British brokerages.
Bain Capital is an American private investment firm based in Boston, Massachusetts. It specializes in private equity, venture capital, credit, public equity, impact investing, life sciences and real estate. Bain Capital invests across a range of industry sectors and geographic regions. As of 2018, the firm managed more than $105 billion of investor capital.
TheStreet.com is a financial news and financial literacy website. It is a subsidiary of TheMaven.
A financial crisis is any of a broad variety of situations in which some financial assets suddenly lose a large part of their nominal value. In the 19th and early 20th centuries, many financial crises were associated with banking panics, and many recessions coincided with these panics. Other situations that are often called financial crises include stock market crashes and the bursting of other financial bubbles, currency crises, and sovereign defaults. Financial crises directly result in a loss of paper wealth but do not necessarily result in significant changes in the real economy.
PaineWebber & Co. was an American investment bank and stock brokerage firm that was acquired by the Swiss bank UBS in 2000. The company was founded in 1880 in Boston, Massachusetts, by William Alfred Paine and Wallace G. Webber. Operating with two employees, they leased premises at 48 Congress Street in May 1881. The company was renamed Paine, Webber & Co. when Charles Hamilton Paine became a partner. Members of the Boston Stock Exchange, in 1890 the company acquired a seat on the New York Stock Exchange. Wallace G. Webber retired after the business weathered a major financial crisis that hit the market in 1893.
Sell side is a term used in the financial services industry. The three main markets for this selling are the stock, bond, and foreign exchange market. It is a general term that indicates a firm that sells investment services to asset management firms, typically referred to as the buy side, or corporate entities. One important note, the sell side and the buy side work hand in hand and each side could not exist without the other. These services encompass a broad range of activities, including broking/dealing, investment banking, advisory functions, and investment research.
eToys.com was a retail website that sold toys via the Internet. It was established by a startup company of the same name in 1997. After an initial public offering in 1999, the company quickly shot up in value, becoming emblematic of the dot-com bubble. The company went bankrupt in 2001 and shut down soon thereafter. The etoys.com domain went through a number of changes of ownership afterwards, and has been owned by Toys "R" Us since February 2009.
Marsh & McLennan Companies, Inc. is a global professional services firm, headquartered in New York City with businesses in insurance brokerage, risk management, reinsurance services, talent management, investment advisory, and management consulting.
Donato Anthony Montanaro Jr. is a private investor and the founder of two stockbrokerages.
Robertson Stephens was a San Francisco-based boutique investment bank that focused primarily on technology companies. The firm was closed by its parent company, FleetBoston in July 2002 as a result of the collapse of the technology sector and the end of the dot-com bubble.
Think Tools AG was a Swiss IT company that rose and fell with the dot com bubble in Europe. The company was founded by the philosopher Albrecht von Müller as a consultancy company in 1993.
Soundview Technology Group is an American technology-focused firm known primarily for its equity research on technology and other growth-oriented companies. The securities and investment banking company was integrated into Charles Schwab in 2003. The business was relaunched in 2005 by former research director Ken Tuttle, who finally obtained SoundView's trademarks in 2011.
Actua Corporation was a venture capital firm. During the dot com bubble, the company had a market capitalization of over $50 billion. The company was originally known as Internet Capital Group, Inc. and changed its name to Actua Corporation in September 2014. In 2018, the company underwent liquidation.
Cormac Kinney is an entrepreneur and software designer. Inventor of Heatmaps, institutional trading systems, a publisher social network, and a diamond commodity. His innovations have been cited in nearly 4,000 US Patents.
USinternetworking, Inc. (USi) was an application service provider. It offered outsourced business applications delivered over the Internet or a private network connection for an installation charge and a flat monthly fee. In October 2006, it was acquired by AT&T.
The Trade Desk Inc (TTD) is a global technology company from which ad buyers purchase and manage data-driven digital advertising campaigns across various ad formats and devices.
