Um. Duh? In the late '90s there just wasn't a lot of real value or total business online, especially compared to the orgy of investment in dot-coms. Today the v

Um. Duh? In the late '90s there just wasn't a lot of real value or total business online, especially compared to the orgy of investment in dot-coms. Today the value in internet based companies is enormous compared to, say, 2000. Probably in the trillions. That value is real, and people aren't just going to stop using the internet or sending revenue to tech companies. But so what? The tech industry won't contract by the same percentage, but it can certainly contract by the same total value, and that sort of thing can trigger a widespread economic downturn, the economy is tricky that way. And there's more that's overvalued than just startups today.