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>I would say the bust had no substantial impact on technology side of thing. I think that it did, because it focused development efforts of companies that rema
by Accujack 7y ago
>I would say the bust had no substantial impact on technology side of thing.
I think that it did, because it focused development efforts of companies that remained in business. Many failed dot-coms should have failed before the bust, but they kept acting like working businesses as long as they had capital available. They diluted markets, absorbed development talent by offering equity and large salaries, and in general distorted the whole industry.
After the bust, the technologies and idea that got attention/effort/built up were the ones with a solid foundation, not the pipe dreams.