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I lived through it and yes, yes, yes... Today is nothing like dot.com. It was crazy... you had pre-revenue companies with no real working product raising series

by api 10y ago

I lived through it and yes, yes, yes... Today is nothing like dot.com. It was crazy... you had pre-revenue companies with no real working product raising series A, B, C, and then going public all within a year. Total unhinged market mania.

smt88 10y ago
> you had pre-revenue companies with no real working product raising series A, B, C Color[1]? Theranos? uBeam? Clinkle? Those crazy things are absolutely happening now, but the scale is important to know. (I don't know how the scale compares to the dotcom bubble.) 1. http://mashable.com/2012/10/17/color-shuts-down/ http://mashable.com/2012/10/17/color-shuts-down/
- a_small_island 10y ago
  You cut off the most important part of his point: "and then going public all within a year."
  - smt88 10y ago
    Companies went public without a working product? What are some examples?
    - jacquesm 10y ago
      Nanosys.
      - smt88 10y ago
        Very interesting, but didn't really help to make the point because: 1) it was founded after the tech bubble 2) it succeeded (or, at least, still operates) 3) had patents and a founding team with a string of successes in the industry
pedalpete 10y ago
Magic Leap kind of fits into that model, I'm sure there are other better examples.