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by ghaff
2364 days ago
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The thing with dot-bomb was that there were cascading effects. All those startups were buying gear from the "Four Horsemen of the Internet" so their collapse brought down a bunch of the large firms as well. (And it was all mixed in with 9/11, etc.) Today, even if there were a big ad-tech collapse, a bunch of highly paid Bay Area engineers might end up having to move back to Ohio but I'm not sure you have the same overall economic effects. (And, if it's mostly just a drying up of VC capital, the effects are even less.) |
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