Praying to the God of Valuation
Both Sides of the Table
DECEMBER 11, 2022
The browser and thus the WWW and the first Internet businesses were born circa 1994–95 and there was a golden period where anything seemed possible. This era was dominated by a ZIRP (zero interest rate policy) of the federal reserve and easy money in search of high yields and encouraging growth at all costs. It was 1991.
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