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by pg
5294 days ago
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I lived through the the dot-com bubble, and the environment today is nothing like it was then. No one is claiming now that there is a "new economy." Investors are not afraid to put their money in bonds, for fear they'll miss out on a new, transformative sort of growth in equities. LP money isn't flooding into new VC funds. VCs aren't funding MBAs with business plans. dmix's instincts are right; saying it's 1999 all over again is just a facile put-down. |
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