Summary:

Destination Sites Biggest Losers in the Dotcom Bust: Traditional dot-coms such as e-commerce and content websites, known as Internet “destin…

Destination Sites Biggest Losers in the Dotcom Bust: Traditional dot-coms such as e-commerce and content websites, known as Internet “destinations” in tech parlance, accounted for a big chunk of the M&A activity and failures over the past three years, according to data from Webmergers. The sector saw 1,483 acquisitions and 608 shutdowns in the three-year period. Since the height of the dot-com frenzy, nearly 5,000 Internet companies have been acquired or have shut their doors, according to the data.

By Rafat Ali

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