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My personal perception of such awards is that they are like trophies for a show car. They make the entity more valuable upon a sale.
  • Posted 29 Oct 2013 00:05
  • By bbforks
  • joined 1 Mar'12 - 1,437 messages
  • Pennsylvania, United States
bbforks (at) Hotmail (dot) com
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The dot-com bubble, a period of large and rapid investments in internet-based companies, peaked in 2000 and saw the Nasdaq Composite index rise by 579%. Then the bubble imploded. As the value of tech stocks plummeted, cash-strapped internet start-ups became worthless and collapsed.