I’d argue that Microsoft really didn’t do anything .com-ish. Amazon would have been a better choice for your argument.
And noone’s arguing that no companies flourished during those years. Just that a fuckton of them drug the market back to hell with their overpriced evaluations. (people laying fiber and buying 1.2M sock puppet ads in the super bowl)
So what did they do that was crazy long bad bet .com?
Windows ME leaps to mind. Internet Explorer giving up enormous market share to Chrome and Netscape. Fumbling Search for twenty years. Take your pick
What does this have to do with Tech bubble vs AI bubble?
The Tech Bubble was largely small cap startups. AI is prevailing B2B and SaaS.
Also “bubble” only means something in hindsight. You keep saying AI is going to crash. Where’s the crash? I’ve been reading this prediction for half a decade
So did .com in the early 00’s and houses in the late 00’s
If you bought into Microsoft in '01 and have owned a REIT since '07, you’ve made oodles of money.
I’d argue that Microsoft really didn’t do anything .com-ish. Amazon would have been a better choice for your argument.
And noone’s arguing that no companies flourished during those years. Just that a fuckton of them drug the market back to hell with their overpriced evaluations. (people laying fiber and buying 1.2M sock puppet ads in the super bowl)
They’ve been the pack leader in the tech sector for decades.
The MAG7 have been outperforming the rest of the market since COVID, often by 5+%
This is very different than betting on some small cap IPOs
So what did they do that was crazy long bad bet .com? Them existing in the .com days leaves nothing to the discussion at hand.
Amazon was at least standing up storefronts and cloud at that point.
What does this have to do with Tech bubble vs AI bubble? Are you interested in being on topic or just arguing?
Windows ME leaps to mind. Internet Explorer giving up enormous market share to Chrome and Netscape. Fumbling Search for twenty years. Take your pick
The Tech Bubble was largely small cap startups. AI is prevailing B2B and SaaS.
Also “bubble” only means something in hindsight. You keep saying AI is going to crash. Where’s the crash? I’ve been reading this prediction for half a decade
bye!
What about pets.com?
In the end, Chewy.com was the better investment.