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Conditions are right for a repeat of the dotcom collapse but, as Chris Blackhurst explains, some big names are less worried about the impact of a crash this time
S
ome 25 years ago I was shown round a “dotcom incubator”. It was a converted office building in London’s Clerkenwell. On each floor, there were huddles of young people, all dressed in black T-shirts, jeans and Converse, staring earnestly at computers. Each group was plugging a different ecommerce idea. Up on the roof, there was a terrace with a barbecue, bar, DJ booth, pot plants and giant bean bags. So cool, so out of northern California.
