In the late 1990s an irrational run-up in speculative investments around internet-related stocks turned into what became known as the dot-com bubble, which subsequently burst, dragging on global economic growth and setting back technological development.
Will history now repeat itself
It is a question that a brave few have begun to ask since last year, as the global investment community became increasingly enamoured with technology plays and poured billions of dollars into the private enterprises driving the next tech boom.
Rewind almost 20 years and it seemed like global investors were betting on any company with a “.com” or an “e-something” in their business...
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