Two more key differences: - In 2000, people were talking about the future being about outsourcing engineering work to lower cost-of-living countries. To some e

Two more key differences: - In 2000, people were talking about the future being about outsourcing engineering work to lower cost-of-living countries. To some extent that's happened, but companies also see tech as integral to their survival and have realized that their core engineering teams need to be in the same time-zone. - In 2000, tech was for tech companies. Now, every large bank has a huge technology team. Every company in logistics has a large tech team. Every retailer needs good engineers. In 2000, there were a few niche websites online. Now, a strong online presence is essential even for stores like Home Depot. There's no question that the market was overheated, but it's too early to call doom here. The NASDAQ is still up about 50% from where it was 3 years ago, before COVID, even after the recent drop. That's a 14% yearly average return... still a crazy amount. At it's peak, it was up over 100% from May 24, 2019... a level that just wasn't sustainable.