AOL Co-Founder Steve Case On the Dotcom Bust of the ’90s

With many people speculating whether plunking down billions into social media this year is setting us up for another potential dotcom crash. AOL Co-Founder Steve Case took to Quora to ” target=”_blank”>address the dotcom bust of the late ’90s and the possible one on the horizon. A notable quotable:

This cycle – hope, hype, despair, rebound, etc – has been interesting to watch (and live through) over the past 25+ years. It is is worth pointing out though that what happened with the Internet is not unique to the Internet – the cycles just happened a little faster. Most significant inventions and industries (cars, etc) have undergone similar transitions.