In Social Media Slide, Echoes of 2000

Another couple of days like this and the great tech bubble of 2012 might recede into history.

Several companies that were supposed to be the foundation of a new Internet era plummeted this week as analysts and investors downgraded their dreams. There were instant echoes of the crash of 2000, when the money stopped flowing, the dot-coms crumbled and Silicon Valley devolved into recriminations and lawsuits.

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