We present four stylized facts about the Dot Com Era: (1) there was a widespread belief in a Get Big Fast business strategy; (2) the increase and decrease in public and private equity investment was most prominent in the internet and information technology sectors; (3) the survival rate of dot...

In this paper, we establish a series of starting points for understanding the emergence of the industries associated with the commercial internet. First, we report baseline estimates of the number of internet technology companies created from 1994-2001. Approximately 50,000 companies solicited...

We explore a well-known instance of fast decision making under high uncertainty, venture capital (VC) opportunity screening. We analyze a sample of 722 funding requests submitted to an American VC firm and evaluate the influence of the form of the submission and content of business planning...