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Would anyone mind elaborating on how the current bubble could compare to the DotCom bubble? I could see them being similar because they are both related to tech

• enjo 13y ago
  The tech bubble of the late 90's was a fascinating phenomenon. It was global and widespread. My grandmother had significant money in tech stocks at the time. The overall amount of money we're talking about here is MUCH smaller than that. A couple of orders of magnitude at least. As such the effects of any bubble popping aren't going to have widespread consequences here. A major pullback in funding will definitely affect engineers. Jobs will simply be a bit harder to find, but there are so many technology companies operating outside of the startup funding domain that I don't think it will be terribly impactful. The worst case is we go back to like 2005, which isn't really too bad at all.
• omegant 13y ago
  There is a saying: if the grocery's attendant is telling you which stock to buy, better run and sale everything. In Spain I had big discussions with people about how expensive buying a home was (back in 2005), that it wasn't sustainable, and that prices will go down. People stared at me as If I were an idiot. Usually with all the atention and a good portion of the money is going in one direction, there is probably a bubble. I don't think there is one very big right now with startups, maybe a bit with mobile App(excess investments). But planets are aligning to allow a big one, now with the new law. We'll see..