The Dot Com Bubble - Recessions Explained

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The promise of millions of dollars can lead to blindness. Economic bubbles have happened throughout history, and they're bound to happen again.
But, one, in particular, rocked the tech world to its core, and many believed that the world would never recover from it. The Dot Com bubble of the 2000s quickly eliminated many internet companies, but some of those that survived have thrived.
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0:00 Dot-com Bubble - Intro
1:13 Dot-com Bubble - The key moments
2:38 Dot-com Bubble - The evolution of internet speeds, computer access, and browsers
4:30 Dot-com Bubble - The rise of dot-com IPOs
8:10 Dot-com Bubble - Was this just hype and speculation?
10:22 Dot-com Buble - Looking past the hype
11:45 Dot-com Bubble - Y2K
14:45 Dot-com Bubble - The bubble bursts
18:12 Dot-com Bubble - The survivors
#techbubble #startups #slidebean #recession #dotcom
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Slidebean is a platform for founders to scale their startups. Our platform offers everything you need to build your startup, your pitch deck, set up your company, and start gaining traction.
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Read the video transcription + sources: yt.slidebean.com/l76
All the music in this video was composed by Tom Fox:
tfbeats.com/
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Опубликовано:

13 июн 2024

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Комментарии : 1,8 тыс.

@slidebean Год назад

Pitch deck consulting services for startups looking to scale ► youtube.slidebean.com/dot-com-1

@basicallyAI Год назад

@jacobabel3976 Год назад

@@basicallyAI you bdon oe onek 😀❤️😭🥃

@VisivisiV Год назад

It's year-month-day, goddammit!

@WalterDunlap-hs5eq Год назад

0:00 people in

@negirno Год назад

A minor correction: 56 kbps didn't meant kilobytes per second, but kilo_bits_ per second. So the theoretical download speed on a 56k modem was 7 kilobytes per second, but phone line quality meant that at best you could only get 4.

@endycia Год назад

yeah, he's right: 4 years per KB

@aprilgeneric8027 Год назад

well then the minneapolis st paul metro area had really good phone service. i regularly got 5.+ with qwest and at&t and sprint. u.s. robotics modem tho, all the other modems were stuck at 3-4.7

@mannankarim Год назад

Manna Mannan animal

@wouter7165 3 года назад

"All I cared about was my N64" And rightly so my man, and rightly so

@AlexWinkler 2 года назад

And no upsells

@joekinsella Год назад

I lived the Dotcom Boom and this was a very solid recap. The only thing that was new to me was Y2K. I really considered that just a sideshow to the bubble created from our collective "irrational exuberance." We honestly thought we were creating a New Economy that was immune to the boom/bust cycles of our fathers' economy. It sounds very naive today, but we were young and convinced the internet would make us smarter, more informed, healthier, more productive, and better global citizens. There are definitely many similarities to the economy of the last two years. But as a general rule, when historical valuations for fast growing software companies are 8-12X, and you are in a market providing 100-150X, you and everyone around should know you are in a bubble. 😉

@echelonrank3927 Год назад

im not only more informed but also more deformed. in terms of posture sitting at the computer for too long.

@sirjareq 3 года назад

Caya: I don’t know much about dot com bubble. Also Caya: Lets make the best video about dot com bubble on YT

@slidebean 3 года назад

This is what we set out to do 😎

@cayahere 3 года назад

Well... this blew up! 🙌🙌

@sirjareq 3 года назад

Wow guys! That's the largest amount of likes I ever had on the internet. Thanks 😂

@olivialarocca7117 3 года назад

@@sirjareq so little content on this topic & it’s SO interesting/ valuable to learn about & comprehend! Brilliant job - More vids like this please

@timl4081 3 года назад

Damn Straight! "Those who cannot remember the past are condemned to repeat it" so I am trying to learn this stuff!

@mindfulentrepreneur1851 3 года назад

You've come so far Caya, the quality is amazing!

@cayahere 3 года назад

Thank you, sir!

@rejithretnan8365 3 года назад

The weekend explaining dot-com crash was the last thing I expected

@9strumental 2 года назад

my thoughts

@misao3004 2 года назад

Savage

@BigHotSauceBoss69 2 года назад

The smartest thing to take out of this is that history doesn’t determine the future, and the only safe bet is to diversify and prepare yourself for whatever happens, taking into account the best and worst possibilities. Desire to be one of the winners when things go big, and to protect yourself when things go bad

@bendilocker 3 года назад

56 kiloBITS per second, which is 7 kilobytes per second. After packet overhead and dropped packets, you would be lucky to download a 3MB MP3 in 15 minutes.

@NarcoSarco 3 года назад

Lmao tell that to my fiber connection :)

@rtmclean484 3 года назад

15 mins? You couldn't utilise the whole speed usually it would download songs on napster at around 3-5kb/s it was brutal. You would stick 2 or 3 songs on to download and it would take all night. I remember downloading WWF matches as a kid and it would be downoading over several nights for a couple of hours each night. Going on the internet also tied up the phone line so usually you were only allowed on by your parents for an hour or two and night,

@genericsomething 3 года назад

I worked for computer manufacturers and ISPs on the tech support phone lines in the late 90s. I can tell you that most people could barely get 33.6k. 56k was NOT the average, but I guess the example offered in this video is close enough. In early 1995, I had a 14.4k modem connected to a 386SX 16MHz computer w/ 4MB RAM running DOS 6.22 and Windows 3.11.

@roywilliams6355 3 года назад

Exactly what I came back to write. Seeing it hit 3.9kps was like seeing the face of God! Downloading Quake took around 9 hours. I would start downloading a movie on a Friday night to watch Saturday evening.

@rtmclean484 3 года назад

@anything; everything yeah Napster was the original bit torrent type shit for illegal downloading of music and stuff. It became legend back in the day after metallica and a bunch of other ass hat musicians campaigned to shut it down. After napster was gone though new ones popped up. Kazaa and Limewire were the two main ones after that. They werent torrent sites they were programs you ran on your PC and you would be downloading peer to peer, so like if im downloading a song I was downloading it from another users PC who was sharing the files. You used to download songs only to find out it was actually some guys garage bands shit recording/demo track that they've renamed as "nirvanna - lithium" or whatever just to try and get people to download and listen to it haha.

@HealingSwordsman 3 года назад

Its tough - low interest rates persisted FAR longer than i ever thought they would. For housing i am seeing houses sell for 30% or more over asking all cash offers. Anecdotally i hear from local business leaders that they are getting blanket offers to buy up whatever they have. I see houses worth 400k selling for nearly 500k in areas where the median HOUSEHOLD income is only 60k It seems like madness on its face, but i honestly cant say how or if its going to end anytime soon. I mean something has got to eventually give right?

@a2xd94 2 года назад

Well this video aged well…it would seem like we are now officially in another bubble. It would be interesting to do a follow-up video to this. All of the global disruptions occurring right now might mean the recovery from this bubble’s pop might be quite a bit more difficult than 2000…

@anthonylosego 2 года назад

I don't think we are in a bubble now. In fact, if anything is correct as a bubble it would be the "everything bubble", which is not a bubble, but simply a recession. QT will last another 12 months minimum, so be prepared for pretty much everything to continue to go down for a long while. The winners will be those things that hold their current valuations (not gain), like real estate, and some proven tech. Of course, which ones are proven is a matter of opinion. So no point in calling anything out. But you won't be making money in the short term. Sitting on cash is probably the best move until the QT putters out.

@Sadigziggi Год назад

@@anthonylosego sitting on cash? With inflation? What if inflation gets really out of hand?

@anthonylosego Год назад

@@Sadigziggi What if we get hit by a 10km wide meteorite? Well, we all die. I don't care about what ifs. My honest opinion is that we have more recession to enjoy for a while. Grab up more cheap stuff. But not now, we are in a bump. This will not last.

@Sadigziggi Год назад

@@anthonylosego it's not a what if. It's a global trend. Buy gold.

@nobodythenobody9779 Год назад

@@anthonylosego what’s this qt you speak of ? And how is keeping cash good with inflation this high ?

@petercortens6019 3 года назад

Y2K: I was working on transport & logistics optimisation software in '99. Our full team got hired by a big transport company and we went with a tight, part no-cure no-pay contract and worked very hard to reach the first milestone: prove we could reduce the manually planned mileage by at least 10%. We did & got all applauded at the project acceptance meeting, the software outperformed our customer wildest dreams, we were on top of the world. Two days later we got the news our project was axed. I called my close contact at the customer, like wtf mate?? and he replied that the same day we did our presentation, the payroll sofware supplier walked in with a Y2K doom story and convinced the customer's board to agree to an obscene budget to fix it. That was a common story back then.

@Maric18 Год назад

y2k was not a waste though, a bunch of people did huge amounts of work plus people had been warning about y2k since the 70s, on one hand its sad that people kept pushing that problem further along on the other ... thats just humans

@alansilvestri8299 3 года назад

“There’s something very familiar about all this” - Biff Tannen

@willsupernintendo 3 года назад

Great quote

@williamdavis9562 3 года назад

@Alan Silvestri, Pure gold comment, lol

@TheLastCodebender 3 года назад

It's insane that this channel isn't bigger with quality videos like this! Sometimes it makes me a bit sad when I see people who do very little effort get millions of views, and then channels like us who never reach that even with tons of effort haha

@cayahere 3 года назад

Woooord

@prhasn 3 года назад

Exactly. I have been a long time subscriber, but when I saw this video, I thought how is this channel not have 1m sub already.

@Candyrock15 3 года назад

Don't worry, he'll grow

@Avinash.Upadhyay 3 года назад

Not everyone is supposed to have growth mindset who consume productive content like this channel has to offer. If you are a regular visiter of this channel surely you have the fire to change this world and you will stamp your name on the world. :)

@EqualsDeath 3 года назад

you making videos teaching people to be entrepreneurs and build businesses that transform the world and help humanity. yet you haven't built one yet. so what all the fuss is about lol

@BenSullinsOfficial 3 года назад

Well done, that was an interesting time for sure

@cayahere 3 года назад

Good seeing you around here, Ben! Thanks!

@JayTeeJr 3 года назад

We’re in a interesting time right now

@jct3439 3 года назад

Just like today. Hedera Hashgraph and Solana will probably survive tho. Dotcom Bubble Veteran Google is backing BOTH of them.. Move how the experts move😉

@TheNecropolis20 3 года назад

$GME Bid: 222.01 Ask: 223.48 Last: 222.50 Chg ($): -0.47 Vol: 55.47K

@chartabona 3 года назад

8:39 (Let's party like it's)1999 is a Prince song from 1982.

@aleemrehmtulla 3 года назад

Well done on the meeting table 3d graphics 👏

@cayahere 3 года назад

🤗

@usejasiri 3 года назад

Aleem, your videos are awesome too by the way I watch them ;)

@rokyericksonroks 3 года назад

Yes, that is pretty cool.

@EricBishard 3 года назад

Fo sho

@ernestcarter462 3 года назад

@@usejasiri bn Bj

@ikechukwuokerenwogba8646 3 года назад

I love how the CEO of slidebean is becoming a journalist now. Nice

@juanageitos4923 3 года назад

"Are you still watching?" Me: Yes of course, I want to know how today's story will end. History predicts the future after all.

@alexjoneschannel 2 года назад

If you're trying to avoid losing a bunch of money in a stock market crash just buy engery stocks and reits for now

@P1MPST1K Год назад

I have zero experience when it comes to video editing but I wanted to take the time to admire the 3D infographics. Super nice production.

@SchibbiSchibbi 3 года назад

These 3D animations and graphs are out of this world! Amazing editing

@branon6565 3 года назад

The jump in the quality of production in these vids in such a short amount of time is very impressive, I'm hooked and binge watchin em...well done people, well done...🔥✌🏻

@cayahere 3 года назад

We figured we needed to do that if we wanted to get to those 1M subs

@SchibbiSchibbi 3 года назад

same here.... it was so visually pleasant to watch

@ReLoadedProject 3 года назад

imagine some mad man done a 50x leverage short as soon as it started crashing

@rudy_dstroys1821 3 года назад

If WSB was alive back then, totally possible lol

@lukaswei536 3 года назад

watch "the big short" ;)

@nonamebrand5095 3 года назад

That mad man was Mark Cuban's put options on his own stock. Mark Cuban was created that day.

@jasperkenway981 3 года назад

I dont remember this at all. I was too busy pounding four Lokos and getting thrown out of bars for pissing in the kitchen sink. What a time to be alive.

@doccholo905 3 года назад

Tell your kids these tales one day. They will look onto thee, and proclaim "My Dad is a fookin' Legend"

@gerogorrowe5574 3 года назад

Each and every stock market crash and correction in history has proved to be a buying opportunity for long-term investors. Eventually, a bull market always erases a correction or bear market decline.

@WalayatFamily 3 года назад

@16vjtdalfa have you seen what the price of microsoft is? most noobs tend to over complicate investing which is why they don't make anything!

@NatePolmateer 3 года назад

@16vjtdalfa your right price to earnings are like 50x it's insane.

@akayk.k.3020 3 года назад

Bubble is going to burst and it will inflate again and again in somewhere. I guess it is quantum computers that will experience the next bubble in the future, since it is quite promising and investing expectations will be quite high after cryptocurrency burst/covid-19 recession. Those people who gambled their savings will try to recover.

@NatePolmateer 3 года назад

@@akayk.k.3020 You are bang on my friend. Great assessment of what is to come. 👊

@elnericoo 3 года назад

I remember my 33.6k modem, plus if anyone picks up the phone to make a call you got disconnected from the internet. What a time ahaha

@JohnGalt916 3 года назад

I get so mad when people joke about Y2k. My dad wrote code for 3 years for HP. That's 3 Christmas mornings I didn't see my dad. Y2k didn't happen because people didn't see their families

@furykillerBZ 3 года назад

I feel this

@theotherguy6155 3 года назад

Your dad was just out getting cigarettes

@aok2075 3 года назад

Your dad was doing real work and solving an actual problem. But there were significant parts of the Y2K story that were greatly exaggerated and even straight up lies to sell magazines and software. When we make fun of y2k and call it a hoax, those are the people we're making fun of, not people like your dad.

@viceroyviceroy-wj7cf 3 года назад

your Dad spent Christmas with his other family.

@thomasvilhar7529 3 года назад

So true. I helped to fix the 2Yk problem for Ericssons AXE telephone switches and there were a lot of faults.

@andilemlindi7680 3 года назад

In 2000 I was 21, and just getting started in my IT career. I definitely remember the Y2K fears

@ianc1498 3 года назад

2:41 56Kbps means Kilo bits per second, not Kilo Bytes per second. Bits are only 1/8th the size of a byte, which means it was actually 8x SLOWER than what you said in the video.

@SlainByTheWire 3 года назад

What a magical time early internet was.

@jdomsmith 3 года назад

It struck me when you opened with "all I cared about was my N64" - if only our parents stuck with fundamentally sound companies like Nintendo...

@markhooker8520 3 года назад

I bought Intel stock (INTC) in the late 90's. Its stock price then rose 10x. It then dropped to 'only' a 7x gain. I then sold almost all of my holdings but kept the rest. Since then, I occasionally take a look at the price. I've noticed that INTC has STILL never hit its peak. That is despite having held >90% of the CPU market for most of that time. The lesson is: even great companies can become overvalued.

@glorgau Год назад

But AAPL isn't like that! its different this time.

@leswhynin913 Год назад

I'm 40 and remember dialing into bulletin board systems in the 90s, which were like a precursor to the internet. Crazy times

@fastlanenigeria 3 года назад

Crypto will be the next bubble. The survivors will change the world.

@prhasn 3 года назад

Exactly, so we have to chose wisely.

@RaviShirpali 3 года назад

NFT

@rohitghali 3 года назад

@@RaviShirpaliBeen in crypto for so many years, I still don't get what's the value in nfts...

@gawbagecan 3 года назад

@@rohitghali Underlying tech is Ethereum. The tech allows data transfer via blockchain rather than just the transaction data itself. In theory, you can build apps from it which rely on smart contracts for execution of encrypted data. Unlike Bitcoin, for obvious reasons, it's in unlimited supply. That makes it less valuable over time, unless the "killer" app is developed - but that "killer app" would probably be an international banking system, which would set it's own rates independent on the actual ownership of said coin.

@AC-wl7ve 3 года назад

@@gawbagecan that answer probably just confused me more as to what the value in an nft is lol. sounds like they are trying to recreate a system that isnt broken, except the new system just costs a shit ton of money to use.

@nq2c 2 года назад

bro predicted the future

@slidebean 2 года назад

🤷‍♂️

@JujoOfficial 2 года назад

@@slidebean 👏

@LarryRix Год назад

You do a great job! I was in my 30's in the 90's as a software engineer. I helped mitigate Y2K on a team addressing more than a million lines of code. I watched the Dot-coms go crazy and then crash. I remember the hype and emotion of both-fear and elation and then relief and depression. Human beings do not seem to learn. We find it hard to remain sober and get swept away in the emotions of groups, trends, and fads.

@marfu1119 8 месяцев назад

I was just a child in the 90's but can say the Internet has ruined everything it created the recession in 2007 as everyone by that time had access to the Internet. The Internet has completely ruined the global economy

@myentertainment55 3 года назад

I am a relatively young lad, but I remember when my friend download 1mb through internet and it took "only" 30 minutes and I was impressed how fast it was :D I couldn't imagined that those speeds or even faster will be available one day on a wireless system or even on a phone (and don't cost arm and a leg at the same time).

@paulurban2 3 года назад

The only logical date format is the ISO standard YYYYMMDD. Date strings in this format, when sorted alphabetically, are also sorted chronologically.

@ongeri 3 года назад

It is also the Chinese date format fwiw

@RossShaw 3 года назад

Lol, I was looking for this comment!

@iiglo 3 года назад

@@ongeri and hungarian too...

@Boxygirl96 2 года назад

I may be MDY but I’d be willing to switch to that

@shawnfisher6214 2 года назад

THIS. THIS. THIS.

@yueeong 3 года назад

I was a network engineer building networks for the dotcom rush.. the blast radius of the crash went far and wide.

@whitefrocks9456 3 года назад

I think I’ve learned more on RU-vid and the internet then I have in highschool

@jmous1212 3 года назад

Same for me lol I am happy that RU-vid dont gives homeworks

@williamdavis9562 3 года назад

@White Frocks, these days they go out of their way to not teach you how the world works. If you know how the world works, you just might revolt against it.

@JoeGelman 2 года назад

You should probably go watch some grammar/spelling videos next…

@shutupntakemymoni 3 года назад

And here we are several years later in a different big bubble.

@dawidblachowski 3 года назад

20:29 "Are you still watching"? WTF man, that was so interesting video, how could I not watch it fully xD

@MangaGamified 3 года назад

All it'd taught me was there was so much variables and each of those variables is like a professional profession like a doctor or engineer, it'd need so much research or you're already too rich to lose a significant enough amount if your try, failed.

@2xanadu 3 года назад

08:40 “let’s party like it’s 1999” is not related though. Prince sang about that in 1982...

@Shannonluvsuful Год назад

As someone who works in data analytics (I code a lot so tech) I’m very worried that we are coming upon a new bubble pop in tech. I work for a more recession proof industry, doing analytics for a non-tech grocery chain company, but I still feel anxious. I really hate how many companies treat employees like disposable & how investors love layoffs. I’m glad I’m working in a more computer science role but I really have an Econ background in education so I can go back to that more if needed & my skills will transfer (economists code as well).

@MoonLiteNite 3 года назад

14 year old me earned enough money for a down payment for a house while "prepping" computers for y2k.... 34 year old me thanks myself

@rokyericksonroks 3 года назад

Wow, did u really make that much? I remember there was a mad dash to get upgrades done and a lot of $$ was getting thrown around.

@ifwecouldvote 3 года назад

Same here! But my house was zero up-front! :)

@LayZeeDawg 3 года назад

@@rokyericksonroks we made that much. Anyone that could flash a bios made upwards of $150 an hour, full timers 150k a year.

@Pattaya-360 3 года назад

@@top_nigerian_news ..........Y2K didn’t kill more than 500,000 Americans......

@carlowood9834 3 года назад

@@top_nigerian_news The advantage of covid19 is that is doesn't have a deadline. They can just invent new mutations and go on and on and on...

@prhasn 3 года назад

13:12 Thanks for touching on that. The US seems to like complicating things for no apparent reason.

@CesareCarli 3 года назад

I was there Gandalf, 3000 years ago... Jokes apart, I lived that period and it is amazing how you managed to nail the feeling of that era. Great Job !

@Hamsteak 3 года назад

Ahh I miss being a 90's kid goring up, I miss I could go back to my childhood for all the awesome toys I had back then

@wigleboy 3 года назад

Cisco built the backbone of the internet and has continued but is still 40% from 2000 highs.

@RainNColer 2 года назад

Seems like time just proved this video right last week

@ecidragon 3 года назад

"Party like 1999" was a saying that started in 1982 with a prince song..... I remember it was popular to say in the early 90;s. So the actual things that happened in 1999 have nothing to do with that saying

@home-studio-improvement 3 года назад

Yeah, it was about predictions of the world ending in the year 2000. Party like 1999, in other words, party like the world's about to end.

@Yash_Ambavade Год назад

Great video! Learned a lot. Also, didn’t know Y2K could be such an issue for the date formatting in computers. A trivial problem of that time but such minute thing now. Also, something to look back and appreciate the effort went behind solving it.

@irrevenant3 2 года назад

Frustrating thing about the Y2k bug: It was identified as a major risk early and people sunk a *lot* of time and effort into preventing anything terrible from happening. They succeeded! And the mass reaction was "Oh nothing happened. Why were we ever even worried about that?". >_

@marcingaladyk Год назад

Same thing with ozone layer and Montreal Protocol.

@gmail3804 Год назад

The millenium bug was very limited and affected very old systems only. It was used to fool people but it waa not done by IT peopl, it was made by people working on finance because they are greedy frustrates loosers. In 2038 there could be a similar problem with unix/linux operaring systems, and could impact more systems. Anyway, today we have millenial bugs everywhere on the planet.

@marcingaladyk Год назад

@@gmail3804 Just like polio. It only affects one in 1000 children.

@glorgau Год назад

As a software guy, it was an opportunity to go into the code and clean up crap that shouldn't have been there in the first place. These days its called "technical debt".

@gonzo9002 3 года назад

This was a great video man im 36 and i grew up in the 90's i remember so much you just showed

@nmrshll 3 года назад

The n64 is a perfectly fine thing to care about

@prhasn 3 года назад

Thanks for making us re-live this important event. The production of this documentary is amazing too.

@cayahere 3 года назад

Thanks, Prince! Hoping to raise the bar to these videos from now on.

@hellocyrax 3 года назад

Fantastic video. Tried to donate but no bch address?

@SteveTheDog115 3 года назад

just throw some NFTs his way lul

@winst8431 3 года назад

You can donate to me instead :) Although I've never owned BCH, but I do have an BCH adress somewhere.

@penegedi 3 года назад

you can keep your funny money

@ChrisViralVlogs 3 года назад

BCH? Really? lol...

@kyuubimitch 3 года назад

David, see you’re really going down the rabbit whole with crypto this last year. Comments left on all these videos I’m watching as well. What are your thoughts on Web 3.0?

@linusgoblin 3 года назад

See you all here in novemeber to discuss about the short gains

@LeapfrogCrypto 3 года назад

What do you think is next? NFT, Crypto, DeFi, Housing or Tech Stocks?

@BigHotSauceBoss69 2 года назад

1)gold 2)Bitcoin 3)who knows, market is too volatile 4)your bank account

@luislorenzomartinez1174 3 года назад

there's literally no reason for me to use traditional TV ever again ahahahah

@jamesknight7705 3 года назад

I lived and lost in the 2000K bubble. He told it perfectly.

@AdamChilll 3 года назад

I appreciate that the video is 21:21 long

@BrotherHank 3 года назад

I can't get over how awesome the graph on the table for internet speed is. To render it and then interact with it like that is something I would expect on a main stream / high budget production on something like CNBC or something.

@slidebean 3 года назад

Thank you!

@vitor613 3 года назад

Caya: Are you still watching this 21 minute long video? Me: 21min? What the hell?

@cayahere 3 года назад

😇

@tegaethan 3 года назад

What!?! It’s 21??? 😂😂

@applepeel1662 3 года назад

This is absolutely incredible. I've always wanted to really understand why and how the dot com bubble happened

@cayahere 3 года назад

Amazing! Thanks for the comment.

@Marc98338 3 года назад

I see alot of simularities with the crypto market. Weve had 2018 but the next one will be worse. Only the coins with real value will survive.

@sutoobe 3 года назад

Great Summary! it brought back all the memories

@Christine-hn5cd 2 года назад

love this explanation, would like an in-depth video talking about possible consequence if current bubble burst

@alirashidy 3 года назад

This video is by far the most AMAZING video you guys have ever made! the amount of work that was put into it is so obvious on how high-end and valuable it is. great job Caya and the whole team behind it ❤

@slidebean 3 года назад

Our pleasure! Glad you enjoyed it.

@gmail3804 Год назад

This video is aporossimative! Where were you in 2000? I may have the answer

@lightphasermusic 3 года назад

Nice summary! I also clearly remember my university classmates debating whether the world will end on 2YK...

@nomnom112 3 года назад

Y2k

@FindYourVentur 3 года назад

Yet another fantastic video! Your quality gets better and better every video!

@tiannahl 3 года назад

@00:26 is really all i knew too, so this video really helped to explain things a little better. Excellent video and well timed.

@maggiejetson7904 2 года назад

I just graduated back in 2021, 1/2 of my CS graduating class didn't survive and end up doing non computer stuff at all in their career. Gone were the super good pay and of course we were barely surviving till probably around 2006 or so. Watching your video reminds me that today's COVID is back then's Y2K, today's crypto is back then's dot com, and today's China Evergrande is back then's Japan entering recession. So my guess is after COVID is finally over the stock boom is going to end.

@maggiejetson7904 2 года назад

Oh, BTW my first job in 2020 had a new grad salary of $50k, after the bubble pop I found a job 1 year later for $36k, it was something I couldn't survive on for long, then 3 years later it became $56k in another company, then in another 3 years it became $90k. Now the new grad salary is about $80k in the similar field but in FANG I heard you can get $120k, and those senior engineers in FANG get like $350k.

@gabbyn978 3 года назад

This pre-2K craze had also attracted scammers like Syncronys, which promised that their program SoftRAM would allow to store twice as much data in the (very expensive) RAM (which it didn't, it just enlarged the Windows swap file on the hard disk). The main aim of that company wasn't to make functional programs; it only wanted to attract enough buyers that their penny stocks would grow exponentially, then they would take the money and run. Only that they got intercepted by some PC tech magazines, that got suspicious when they noticed the rather unlikely feat that Syncronys claimed to have achieved, and started investigating.

@brysondevers8776 3 года назад

Amazing quality and content. Thank you. You should make a mini series on this diving a little deeper and comparison to today

@ganrimmonim Год назад

44 year old here. Boy does that sound take me back.

@pablo.fernandez 3 года назад

High quality production

@mikehorn7201 3 года назад

When you decide to try your hand at stock picking, its essential to do your homework. Your goal is to find a good value especially if you plan to hold on to an asset for a while.

@dylancredence3870 3 года назад

Before putting full faith in a company, its best to do thorough research, reviewing a stock's fundamentals to monitor its viability and checking if it still has room in your portfolio.

@brianrosetti4684 3 года назад

Most people just wanna buy any growth stocks they hear about, and a lot of stocks has underperformed lately.

@jamespham1668 3 года назад

Brian there are still great stocks on the market with big room for growth, and consistent investors with a steady approach should be able to seize opportunities created by the uncertainty.

@keatonmorgan295 3 года назад

With so much volatility in key stocks, it's kinda hard knowing which stock will do great or enhance ones portfolio, I've bought lots of bad stocks

@stacyandrews5468 3 года назад

Stock valuations have reached a level where a reckoning is only a matter of time

@Eli-uf2mt 3 года назад

18:58 dude this background music is so good. Does anyone know what it is?

@InfectedChris 3 года назад

This was a great video and brought back a lot of memories growing up and watching this go down!

@hyper-focus1693 3 года назад

This is a high quality video, well researched, made entertaining & interesting. No bait jargon. Well done man.

@mikhailratner7091 3 года назад

Great vid!! Loved the depth and the side-infos!

@slidebean 3 года назад

Thank you!

@tkxs 3 года назад

the content, the editing, the delivery are so damn good hands down one of the best youtube channel I've seen recently

@slidebean 3 года назад

Share our channel around 😉

@maziarkaveh 3 года назад

Great work, thanks. Just a note its kilo bit per second, not byte

@ChrisPodcasting 3 года назад

These long videos are amazing. I hope this channel wins some award for the content created. I’ve learned a lot here.

@dwaynebkj 3 года назад

The production value of this video: 📈📈📈📈📈📈📈

@illuminoeye_gaming 3 года назад

The stock market in 2000/ 1 📉📉📉📉📉

@mothermeeting 3 года назад

Hey very cool Video! Just wanted to ask which lens / filter you used to get that retro looking soft image - did you apply chromatic aberration in post or was is a property of your lens? Thanks you the answer!

@manni192 2 года назад

Was in my mid to late teens during this time, crazy looking back on it

@vasiavisilievic1873 3 года назад

"Mr. Market is a crazy, irrational guy. Take advantage of him whenever you can" -Warren Buffett

@illuminoeye_gaming 3 года назад

Thoughts on NFTs? Seems like they're building up into a bubble as well

@jordandesmet6593 2 года назад

Lyfe is a bubble

@fernandozahonero8157 3 года назад

Well done. Love the time line olographic chart on the table.

@Everything00523 3 года назад

U guys shud become really big RU-vid channel. Ur vdo quality is amazing 🔥🔥🔥 Hope u reach the million mark soon

@slidebean 3 года назад

We hope we reach a million soon. Make sure to like and share 😉 💙

@toot4you19 3 года назад

Awesome video. Finally, a proper breakdown of what the hell happened while we were too busy minding our own business 🤠

@slidebean 3 года назад

Glad you liked it!

@Skaz1hiphop 3 года назад

Thank you for making this

@yetivanmarshall1473 2 года назад

Well, you timed this vid almost perfectly. I'm refreshing my memory.

@KGBgringo 3 года назад

I enjoyed this apart from "they don't say party like its 99 for no reason", you're right we say it because of the song released by Prince in 1982.

@drmattbarnes1371 3 года назад

This!

@chrisc5947 3 года назад

It would be interesting to see a video on the similarities of the dot com bubble and the current rise in crypto prices.

@mysterious-benefactor 3 года назад

Back in 1999 my aunt demanded we all come out and be prepared to spend some time at her rural property because of Y2K. She had a well, food stock piled and ample wood for heating over winter. She was very worried the grid was going to collapse. Fast forward 21 years... I'm the prepper. I just wish I could afford a property like that. We don't see eye too eye on many things, but we can come together on having the skills, knowledge and frame of mind to take care of those we care about.

@chesthoIe 2 года назад

I snuck down to the basement while everyone was counting down to New Years on Y2k at the party I was at, and switched the power off when they got to 0.

@Defy_Jay 2 года назад

Could you compare the browser wars to Layer1 wars going on right now ? Hearing the way he talked about intellectual network applications just makes me think of all these L1s . Shits hella similar it’s crazy