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Did it? Or did the cruft just fall to the wayside where it belongs. From my recollection the panic lasted a year and within 5 years the companies that were part
by friend_and_foe 4y ago
Did it? Or did the cruft just fall to the wayside where it belongs. From my recollection the panic lasted a year and within 5 years the companies that were part of it actually doing interesting things were valued much higher than at the peak of the bubble.
All it decimated were hype merchants and their lemmings. Hopefully the same is true here. I think it will be.