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Old 08-09-2004, 12:03 PM  
stereolab
Confirmed User
 
Join Date: Mar 2004
Posts: 798
there's tons of money still here. the gatekeepers are still afraid to release it, however. a lot of it is going overseas too. this place is still a hotbed of VC activity and other types of investment and entrepreneurship. but what happened in 1998-2000 probably won't happen again. a huge percentage of the startups at that period were created for the sole purpose of deceiving investors and flipping IPOs. there were obviously some legitimate companies (yahoo, google, ebay etc). but people aren't as ignorant as they were back then - however, never underestimate greed.
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