I lived through it, and it was crazy. I lived in Boston, and at the time in Boston Zefer closed a $100mm series A, the largest series A in history. They had lov

I lived through it, and it was crazy. I lived in Boston, and at the time in Boston Zefer closed a $100mm series A, the largest series A in history. They had lovely offices! There was definitely a 'you have to be spending on tech, you have to be spending on marketing' vibe at any funded tech company at the time. Aeron chairs, yadda-yadda. Content Management systems cost $500k plus. Servers for the CMS'es could run $30k a month(!!!) each. It was really, REALLY different than the vibe today, a vibe in part built by YC -- go cheap, keep overhead low, prove it out, etc. etc. I don't think the current Zeitgeist is comparable at all.