“Things all came together in this witch's brew, and it led to a lot of poor investment decisions. You give people too much money, and they start placing bad bets.”
“We were successful in being financed because we have a standard business model. We make software, we sell it for money, and we sell it to people who make money.”
“We were in a really unusual financing environment for a lot of 1999 and 2000. What you're seeing in latter half of 2000 is a much more typical environment.”
“There was a high degree of enthusiasm for the Internet. There was legitimate exuberance about its potential, combined with an unprecedented and strong stock market.”
