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It's interesting to read how much research tbray did on crypto back then. Definitely doesn't seem like new entrants today were doing the same level of diligence
by obblekk 4y ago
It's interesting to read how much research tbray did on crypto back then. Definitely doesn't seem like new entrants today were doing the same level of diligence, on average.
- yumraj 4y ago
- fnordpiglet 4y agoClearly not
- jollofricepeas 4y agoI’m lost. I think @grogenaut is actually saying he agrees with OP and that super bowl ads and stadium deals are precursors to busts, no? The big question is whether there’s any utility left. The dotcom bust wasn’t an indictment of the internet and maybe the web3/exchanges busts don’t spell doom for blockchain and related tech either.
- dang 4y agoRuh roh. Please don't do that here. "Please don't comment on whether someone read an article. "Did you even read the article? It mentions that" can be shortened to "The article mentions that."" https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html
- yumraj 4y agoApologies. My mistake.
- grogenaut 4y agoYes I didn't see a single .com name a stadium or bowl game or have most of the super bowl ads in 1999 at all, none at all. Oh wait yes I did, literally every superbowl ad was a dot com right before the .com bust. https://www.cnbc.com/2010/01/20/The-Stadium-Curse:-Naming-Deals-Gone-Bust.html https://www.cnbc.com/2010/01/20/The-Stadium-Curse:-Naming-De... puts a nice writeup of all the comapnies that went under after naming stadiums, there's quite a few from the .com bust. Aah WorldCom how I miss thee. Pets.com as well.
- Ancapistani 4y agoPlaying Devil’s Advocate here a bit: what’s the size of the tech industry today, compared to the heights just before the “.com bust”? Maybe there is room for one more boom cycle.
- Spooky23 4y agoGood point. Most of the B2B sites that died in 1999 are valid ideas that were too early. Intel tried cloud computing. Online grocery is a thing now, etc.