2005 vs. 1999 (07 Oct 2005)
Not to say that you can't learn from the past without experiencing it and not everyone involved is brand new to it all. I would hope, for example, that venture capitalists aren't as eager to jump on business models that involve losing $3000 per customer acquisition (true story).
Of course, the real question is, what is there to actually learn? Are we just less reckless than before? Less caught up with hype than before? I'm not sure but from what I'm seeing, there's still a feeling of recklessness and let's just say $2,000 a head for a conference to discuss buzzwords is probably a bad indicator for 'not getting caught up in hype'.
So what have we learnt from 1999? What should we have learnt?
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