What dot.com bubble?

May 20, 2011

The IPO of  LinkedIn has triggered warnings about a new internet bubble. The business was valued at $11.6 billion and its shares closed up 109 percent on launch day.

It is worth remembering that the internet or dot.com bubble ran from roughly 1995 until it burst spectacularly in 2000 (or ‘the year 2000′ as we rather quaintly called it at the time). Assuming you start a serious job in the finance industry at 23, that means no one under 34 really has any concept of the bubble and no one under 39 would have seen the whole thing through.

Short memories — or none at all?

 

Post Your Comment

We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
  • About Jeremy

    "Chief Desk Editor, Economics & Markets, based in London. Previously European Investment Correspondent, Bureau Chief for Greece and Cyprus in Athens and Senior Correspondent for the European Union in Brussels. Began career covering U.S. politics in Washington D.C."
    Joined Reuters:
    1990
    Languages:
    English, French, some Greek
    Awards:
    State Street Investment Correspondent of the Year, 2007
    Part of Emmy-nominated team for
  • More from Jeremy

  • Contact Jeremy

  • Follow Jeremy