#dot-com-bubble

#dot-com-bubble

The blog is now Burry's "sole focus" and promises a "front row seat to his analytical efforts and projections for stocks, markets, and bubbles, often with an eye to history and its remarkably timeless patterns." Burry has published two initial posts, one titled "Foundations: My 1999 (and part of 2000)" and the other titled "The Cardinal Sign of a Bubble: Supply-Side Gluttony." The former recalls his time as a neurology resident at Stanford University Hospital, where he wrote about value investing at night.

In 2000, Flash websites proliferate, blogging expands, social news sites like Slashdot gain influence - all of this while the dot-com bubble slowly deflates and Napster dominates headlines. After the hype and fear of Y2K (a.k.a. the Millenium bug) quickly faded in January 2000, the internet continued its mostly joyful rise in the culture. Sure, the dot-com bubble got pricked in March and then slowly deflated, but the web itself didn't stop growing.

"We're drowning in toxic assets, startups with no revenue, fake demos, AI tools built just to sell AI tools to other people building AI tools."

The early promise of Ask Jeeves resonated well with users seeking an organized, conversational approach to web searches; it thrived until the dot-com bubble burst.