Christopher S. Rollyson

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Read the Wrap

Resources/2001 Wrap-up:

"e" Disappears Via Bubble Hangover, Overshadowed by Exogenous Shock

As 2001 closes, I hazard that it will be remembered for the oft-proclaimed disappearance of e, although this is unfolding under conditions that no one expected... 

A bubble by definition hurts virtually all participants in the sector, even those doing "virtuous" work with the technology or innovation involved... 

As the fall dawned, most people in the sector thought they had the bubble aftermath figured out, and cautious optimism reigned... 

Today's scarcity of investment is only creating pent up demand for cutting edge models and technologies. Because BAMs will never innovate as well as entrepreneurs, the potential for collaboration with early stage technology companies and entrepreneurs will remain high... 

No one said that coming of age was easy, and 2001 certainly bore that out!