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Interesting "Dotcom Bubble" article
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Mac Elite
Join Date: Jun 2001
Location: Dundee, Scotland
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http://www.paulgraham.com/bubble.html
Saw this on SlashDot and thought I'd share it with you. As someone who has worked on the fringes of ythe Dotcom world for a few years I found it really interesting.
Discuss..
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Clinically Insane
Join Date: Jun 2001
Location: planning a comeback !
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Originally posted by sambeau:
Saw this on SlashDot and thought I'd share it with you. As someone who has worked on the fringes of ythe Dotcom world for a few years I found it really interesting.
Thanks. Interesting read.
I can see our kids asking us 20 years from now: "Dad, at school, we learnt about the dotcom bubble in the late 90ies. Did the people really believe in that ?"
-t
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Baninated
Join Date: Jul 2002
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Ah yes... over-inflated tech stocks.
What is there not to believe in? It was factual.
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Clinically Insane
Join Date: Jun 2001
Location: planning a comeback !
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Originally posted by Zimphire:
What is there not to believe in? It was factual.
Making big bucks, no risk, it will never end.
It is factual that this was NOT the case...
-t
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Baninated
Join Date: Jul 2002
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Originally posted by turtle777:
It is factual that this was NOT the case...
Wait, are you trying to say the tech stocks weren't over-inflated?
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Clinically Insane
Join Date: Jun 2001
Location: planning a comeback !
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Originally posted by Zimphire:
Wait, are you trying to say the tech stocks weren't over-inflated?
No, I wasn't talking about that.
I was talking about people's false confidence that there was NO over-inflation and that everything would just go it's jolly way.
-t
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Baninated
Join Date: Jul 2002
Location: The Moon
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Ah.. ok.
That over-inflation was one of the reasons we had a great economy during that time though.
It never lasts. When those stocks bust, so does the economy.
We saw that just recently.
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