The tweet was deleted by the author.
But we saved everything 🙂.
Austen Allred, founder and CEO at BloomTech, challenges comparisons between the current market and the dotcom boom, noting key differences in market size and cashflow.
Allred argues that today’s environment is defined by substantial real cashflow and significant profits, in contrast to the simultaneous drying up of hype and investment seen during the dotcom era.
Allred has previously discussed the benefits seen when early-stage investors commit $100 million to a company, noting the potential for increased long-term ownership. He has also highlighted New York City's projected 2026 budget of $119.7 billion, which includes substantial state and federal support. These remarks reflect his ongoing focus on large-scale investment and capital flows.