Dot-Com Company Law and Legal Definition

A dot-com company is a company that does most of its business on the Internet, usually through a website that uses the popular top-level domain, ".com" The word “com” is derived from the word "commercial". Dot Com Company is used specifically to refer to startup companies came into being during late 1990s. Such companies were formed to take advantage of the surplus of venture capital funding. Many were launched with very thin business plans and their goal was to capture a majority share of whatever market was being entered. Dot Com companies failed with the stock market crash around the year 2000.