Dot-Com Survivors Give Verdict on Current Tech Boom
- Asset managers, analysts offer views on record stock rally
- Megacaps look pricey, but ‘you’ll never replicate late 1990s’
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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.