Report Says Dot-Com Deaths Doubled in 2001
Associated Press
The dot-com death toll doubled this year, with at least 537 Internet companies either going out of business or seeking refuge in bankruptcy court, according to Webmergers.com.
This year’s casualties joined 225 dot-coms that perished during 2000, said Webmergers.com, a San Francisco-based deal maker that has tracked the Internet economy.
The site estimates that 7,000 to 10,000 Internet companies remain in operation.
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