BusinessTechnology

Reality sets in

Finally, investors are starting to realize that not everything is dotcom land is rotten and are starting to compare dotcom businesses to more traditional ones. If you consider the old axiom that only one in five business start-ups succeed, you may come to realize that the 90s were not necessarily as bad as some have made them to be. There was a tremendous increase in the number of new businesses created and, as a result, it was only normal for most of them to fail.

Maybe people will not start to reassess that period in business history and realize that it was not really that different from any others, apart from the fact that so many new companies were created as a result of the new opportunities that cropped up thanks to technology advancements.

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