The only difference then was that they would all IPO. The current bubble is consolidated to a few large companies and a lot of venture-backed bottom feeders. Other than that, yeah, just obvious insanity.
They tightened up the rules on IPOs after so many companies with no futures basically pumped and dumped their stock on the public. Now the way to dump on public bagholders is through SPAC mergers.
I was technically around as well, but I was in high school and was busy worrying about my own problems. Adults were doing adult things and making adult mistakes and bearing adult consequences. Even back then I knew adulthood was going to suck.
Yes. I was there and that was it exactly. Companies would slap a .com at the end of their name and bam their stock would go crazy.
The only difference then was that they would all IPO. The current bubble is consolidated to a few large companies and a lot of venture-backed bottom feeders. Other than that, yeah, just obvious insanity.
They tightened up the rules on IPOs after so many companies with no futures basically pumped and dumped their stock on the public. Now the way to dump on public bagholders is through SPAC mergers.
…and start rebranding with 2-colour logos, whilst missing vowel out of their names.
Not quite the same, but remember when everyone had a bare -r at the end of their name, flickr, tumblr, etc. What was up with that?
I was technically around as well, but I was in high school and was busy worrying about my own problems. Adults were doing adult things and making adult mistakes and bearing adult consequences. Even back then I knew adulthood was going to suck.