[spullara]

Anyone who reads this and thinks this is what 1999 is like didn't live through it. In 1999 all these apps went IPO and the founders and VCs made a ton of money. Many wish it was like 1999.

Edit (please read for amusement value): http://www.sandspring.com/charts/cdj0214ipet.html

[damian2000]

Don't forget this bastion of the dot com crash ... f##ked company's hall of fame - http://web.archive.org/web/20011217223423/http://fuckedcompa...

[jacques_chester]

I have a pet theory that a key reason this bubble is lasting so long is because it's not happening to retail investors.

When IPOs turn bad, lots of people notice. When a angel or VC firm loses a few million dollars, nobody except a handful of cognoscenti know or care.

[hncommenter13]

Yes. As someone who was a (young) VC back then, I can tell you the dot-com euphoria continued during 1999. It peaked in March 2000, when the Nasdaq hit its all-time high. Shortly thereafter, the public consumer-oriented companies started dying off. The bust accelerated in 2001 when the storage and networking companies went under, along with the startup carriers who were buying all of the equipment.