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This has absolutely nothing to do with the dotcom bubble. You can't seriously look at the balance sheets and revenue flows of tech corporations now and still th
by mardifoufs 4y ago
This has absolutely nothing to do with the dotcom bubble. You can't seriously look at the balance sheets and revenue flows of tech corporations now and still think there is any comparison to be made with what happened 20 years ago.
Big tech generates insane amounts of money, which is why they have been pretty resilient to the massive fall in stock prices in early 2022 while still ending the year with a net increase in headcount.
Allusions to a pending "dotcom bubble burst 2.0" have also been common in every "downturn" since then and have never really materialized.