Gregory's Server@fribbledom it was happening already by the late 90s if not sooner. a friend of mine said they knew dot coms were done when the start-ups they were talking to stopped saying "we're gonna change the world with our product!" and instead said "we're gonna get acquired with our product!"
"The New New Thing" by Michael Lewis (1999) was also a depressing read. - from those perspectives it was internet mania + stock market + marketing. (1/2)
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@fribbledom
radio ads from just before the first crash (~2002) even noted how ridiculous it was that stock market loved anything with 'internet' in it. e.g., one dude, sad voice: "this internet company I'm invested in is still banging rocks together." (pause) "but their stock price just quintupled! I'm going to the beach." other person: "the stock market doesn't make sense anymore so have some of our delicious coffee. delicious coffee still makes sense." (2/2)