but in the first .com bubble, companies lived and died only on their stock activity. these days, the winners have enough cash piled up that a recession would ac

but in the first .com bubble, companies lived and died only on their stock activity. these days, the winners have enough cash piled up that a recession would actually be welcome; it would allow them to buy companies and employees on the cheap, and many of their flimsy competitors would fold. if you think Apple, Google and Facebook dominate now, wait until the next recession. can your company laugh off losing half it's market cap temporarily? they can