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No. Tech was not profitable back then. The only companies running at a profit then were the earlier generation of tech - oracle, adobe, Microsoft. Etc.
by encoderer 4y ago
No. Tech was not profitable back then. The only companies running at a profit then were the earlier generation of tech - oracle, adobe, Microsoft. Etc.
- cudgy 4y agoHow did you reach this conclusion?
- effingwewt 4y agoYea it was utter busllshit. This is all deja vu. Last bubble it was web design that overpaid and websites selling for ridiculous sums. Now it's programmers who are overpaid and in demand flavor of the day. BSG- 'all this has happened before, and all this will happen again'
- encoderer 4y agoThe short answer is that I lived through it. But here’s a reference. Notice the tech companies. https://money.cnn.com/magazines/fortune/fortune500_archive/full/1999/ https://money.cnn.com/magazines/fortune/fortune500_archive/f...