Wednesday, March 25, 2009

Haven't We Learned Our Lessons from the Dotcom Bust?

Amidst all this financial doom and gloom there's a whiff of a familiar scent in the air. It's the smell of irrational exuberance and, in some camps, both entrepreneurs and venture capitalists are partying like it's 1999. Is this a bad thing? Not necessarily, but remember the dotcoms that were booming in 1999 started bombing a mere year later.

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