4min chapter

Coin Stories with Natalie Brunell cover image

Cory Klippsten: Bitcoin Will Incentivize a More Just World

Coin Stories with Natalie Brunell

CHAPTER

How Did You Get Out of the Dot Com Boom and Bust?

I did see it coming my roommate those years in New York was on the distress bank loan sales desk at Goldman Sachs. 200 of the 500 graduates from Chicago every year go into banking and private equity so like you have a lot of friends that see a lot I was listening to Bill Gross Pemko podcasts every day even in early 07. The dot com boom and bust was just so violent and it probably had a larger impact on the Bay Area economy but I think the fall was faster in New York because way more of the financial only puffery of the dot com area was in New York.

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