LB: So much of the investment back then seemed driven by vibes-based whole sector optimism about the Internet and just random people wanting to own a piece of the action. Do people today even realize what it was like? I feel like nowadays the vibes-based stuff is more localized to specific grift-companies
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a kilo of saucepans (rakslice) (rakslice@mastodon.social)'s status on Thursday, 07-Mar-2024 11:41:25 JST a kilo of saucepans (rakslice) -
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a kilo of saucepans (rakslice) (rakslice@mastodon.social)'s status on Thursday, 07-Mar-2024 11:41:25 JST a kilo of saucepans (rakslice) Ironically grift-companies and "people just wanting to own a piece" just makes me think of the Facebook IPO, which seemed like an eternity after the Internet bubble
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a kilo of saucepans (rakslice) (rakslice@mastodon.social)'s status on Thursday, 07-Mar-2024 11:41:25 JST a kilo of saucepans (rakslice) Ironic because I think these days social media provides a steady supply of reality-check prickles that keeps the AI irrational exuberance cloud relatively localized
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