The dot-com boom was such a bubble? Truth is the Nasdaq was pricing in 5% annual GDP growth at peak; not a crazy high number. It's also the last boom to date driven by any faith anybody would actually build anything, as opposed to just bidding up house or bond prices sky-high. 🤔

#history #economics #markets #dotcombubble #dotcomboom #thoughts

@shk It is pretty magic. In the lean days just after the #OG #dotcomboom I was at an #embedded company for a year, and I would have done just about anything for #ble instead of our home-grown #900mhz "thesis-style" protocol. Being able to follow a tag between the sensors is 100% one of the main products we brutalized ourselves trying (and failing!) to build. Now, it costs $20 for the tracker and $5 for the sensors, on my porch overnight, with batteries that last a year.

@soatok @burrito @AstralPegasus98 We’ve been here before with #Usenet, but the #DejaNews search engine committed suicide by #DotComBoom #VentureCapital and then #Google used its corpse to help build #GoogleGroups https://mastodon.sdf.org/@mjgardner/109436565119591460

Cyberstalking Web 1.0 figures of yore: #SteveMadere of #DejaNews, the search engine founded in 1995 that transformed #Usenet from an ephemeral federation of topic-based notes into a rich library of knowledge. Until it tried to pivot into the #ecommerce headwinds of the #DotComBoom and cratered in 2001.

#LinkedIn: https://www.linkedin.com/in/steve-madere-1715b3
#Twitter: https://twitter.com/stevemadere