Om Malik celebrates the 5th birthday of The Bubble:
Five years ago, as a newbie in the world of venture capital, as the NASDAQ hit a new high, I knew it was the beginning of an end. A fear that ate at me for many days. Later, when walking down the University Avenue in Palo Alto, I would see a lot of familiar faces, many smiling, trying hard to hide a hint of fear, a fear of coming doom.As John Doerr said - it was the greatest creation of wealth. For some. For others, it was not so profitable.
Still, it was fun. The parties on the roof top of The Industry Standard, the Red Herring conferences, and of course the launch parties. Ahh.. the parties.
Five years later, I realize that I lived through one of the most fantastic bubbles in the history of man…
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