3 ms·
dot com boom was pretty big. A lot of people who could barely program were getting big money. The nasdaq was at 5000 when the cash flow couldn't justify it. Th
by samfisher83 8y ago
dot com boom was pretty big. A lot of people who could barely program were getting big money. The nasdaq was at 5000 when the cash flow couldn't justify it.
There was a bust and I am sure it will happen again. History is cyclical. Facebook, google, apple etc. will be fine because they generate so much cash. They can afford to pay people 300k. I don't see how companies like Uber and Lyft which generate no cash can afford to pay similar salaries.