Every new industry has exuberance in advance of reality. The techies get carried away. There is a period of despair. Then the pendulum swings the other way, and people see the long term potential. It's like when the Internet bubble crashed.

Steve Jurvetson

Advance Away Bubble Carried Crashed Despair Every Exuberance Get Industry Internet Like Long Long Term New Other Pendulum People Period Potential Reality See Swings Term Then Way

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