Because the price will be so disastrously low that I can't deal with it. But nobody's going to do that, so we're left with this sense of shell-shock. The pendulum is swinging back the other way. But I'm confident. There's more liquidity now for startup ventures than there was in 1994, particularly for technology ventures.
People use the Internet more than ever before.
If your business is trying to get through the clutter, it's a relief that circumstances are changing. There's another psychological element in the mix, though. And suddenly, the university realized that it wasn't graduating as many students as it was before. That was a big wake-up call. And Harvard went back to having an admissions committee and forcing people to do testing and fill out applications.