Marc Andreessen - Lessons from the 2000 dot-com crash.

“~5 "false dawns" where it looked like recovery was happening, until another stage of the collapse hit.”

Multiple rounds of layoffs

“The bottom did not come in until the demoralization was so comprehensive that the tech crash wasn't even generating news headlines anymore, it was just sad and depressing.”

“During the recovery, every single actual good thing that happened was painted as "TECH BUBBLE 2.0”
= journalists will be hatein

Yes, internet penetration is bigger today — but crypto industry? GL

The long-lasting behemoths of the next decades will form now

Often think you’ve already seen the big crash, until you see the real BIG crash

“VCs overinvested in the boom, underinvested in the bust.”
“press was overly positive before, and then went psychotic after and never recovered.”

“With her? I’d be happy to liquidate without any stoploss”

🚨🚨 METAMASK

Ponzi from day 1