Periodically I check myself out on Google.  I came across this piece from 2001.  9-11 is what we all remember about 2001, but it was also another rotten economic time - particularly for the Internet business.  We had the Internet value bust from the 1990s and lots of naysayers were down on the future of the Internet.  (And I must add once again that my friends at J.P. Morgan Private Bank closed down our Internet Venture Funds and at this time believing the stories about the death of the Net.)

Today we have a bad economic time again.  Nobody doubts the Internet this time around but I do think many pundits believe "we have seen it all."  I suggest "we ain't seen anything yet" as far as the Internet goes.  And this is why I am pleased to trot out the above link from 2001. 

Cycles are the key to understanding history and business.  One should not get bogged down by the here and now.  Rather  look book and forward and keep the faith.  Things are never as bad nor as good as they seem.