The Fall From Hype's Peak
from the another-3-year-reminder dept
Yet another story about the three-year anniversary of the peak of the Nasdaq. Considering that bad times are supposed to seem longer, I’m a bit surprised that it’s already been 3 years. It really hasn’t felt that long at all. Among the interesting statistics from the past three years: 4,854 Internet companies in the US have shut down or been acquired and 191,500 jobs in Silicon Valley have been lost.