How does this compare? 1) Dot.com Crash of 2000-2002 ~2.5 to 3 years - Excessive speculation of internet companies - Fueled by bull market of late 1990s - abundance of venture capital - Resulted in mass layoffs, bankruptcies 2) Great Recession of 2008-2009 ~1.5 years - Asset bubble concentrated in real estate market - Cratered whole economy 3) Post-Covid Recession of 2022-202? - Tech/growth companies are most affected - Inflated valuations driven by 10+ years of low interest rates - Correction caused by expectation of rising interest rates
Craft Founder Chat: Operating in a Downturn Page 18 Page 20