Dot-Com Survivors Give Verdict on Current Tech Boom

(Bloomberg) — Plenty of folks on Wall Street can tell tales of the dot-com bubble. Not many of them launched a $150 million tech-focused asset management firm about three months before it burst.Ryan Jacob had a sensational track record when he started the Jacob Internet Fund in December 1999 at the age of 30. He had ridden the boom, then he endured the crash and incredibly kept his firm alive to this day.All of which makes him as qualified as anyone to judge the current tech rally.“The only people who say, ‘Yes, it’s like the 1990s’ are hedge-fund managers who …read more

Source:: Yahoo Finance

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