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I think many people here are comparing the late stages of the dot-com bubble with what I would call the early stages of the current bubble. I remember it gradua
by rapind 16y ago
I think many people here are comparing the late stages of the dot-com bubble with what I would call the early stages of the current bubble. I remember it gradually getting hyped at first, then it hit a tipping point when pets.com happened (I miss the sock puppet). I also remember a lot of really great ideas being explored before it tipped.
So, I do remember the dot-com boom (in fact I was at a startup in Seattle during it), but I guess I remember the beginning of it being more humble.
I think we're just getting warmed up now and to me all the signs are there. This is when the hype companies are starting to show up. The recent high valuations are going to fuel the fire, and it's starting to get nuts. I don't think the lower operating costs are a factor. Most of the high profile dot-coms blew their wad on marketing.
It's just an opinion though, and it wouldn't be the first time I was wrong. Guess we'll see how it goes.