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In reply to @pmarca
xi11@xi
11/25/2022

what was the "mood" from the better operators / vcs then? curious for each quarter until something (when / what?) shifted things back to bullish. this time around there are major macro influences outside of tech - is that true or false? (I don't have a good sense of the world back then)

In reply to @xi
xi11@xi
11/25/2022

and thanks

In reply to @xi
Marc Andreessen@pmarca
11/25/2022

(1) Important pattern #1: The 2000 crash was like dominos falling down from sector to sector within tech. Each sector in turn got whacked by the collapse of the one behind it until they were all wrecked, at least temporarily. None were spared.

In reply to @xi
11/26/2022

Thank you for the thread @pmarca this is what I wanted to ask!