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icedchai | karma 8478 | avg karma 1.53 · 2020-01-03 19:47:38+00:00

But many, many others were, or did "okay" but got nowhere near 15% growth. What makes you think you invested in one of the better ones?

Were you around during that time? Everyone thought they were going to have the next Amazon. Most folks wound up with Pets.com.

pavlov | karma 46014 | avg karma 6.7 · 2020-01-03 21:24:01+00:00

I was around, just barely — had my first startup job in early 2000.

There certainly were a lot of bad companies without meaningful revenue seeking and getting investments, just like today.

But if you'd invested only in profitable small software companies doing 15% growth back in 2000, I think you'd have done well.