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I remember the dot com boom. One of my friends somehow convinced me to visit his friend who had a small startup that needed people. ...and it was in the extra
by m463 5mo ago
I remember the dot com boom.
One of my friends somehow convinced me to visit his friend who had a small startup that needed people.
...and it was in the extra bedroom of someone's dingy apartment. A bunch of folks were working on not-very-remarkable nonsense.
and the guy running the apartmen^h^h^h^h show said something to the effect of there's so much nonsense getting funded, why shouldn't I get in on it.
It was kind of depressing, I didn't get involved, got out quickly.
It's not that the dot com thing was a scam, it was that hype got money flooding into the market.
For every amazon or google or yahoo there were 1000 dumpster fires burning piles of cash.