All good tech start-ups benefit more from a bubble bursting, than from the roaring times during the bubble.
Others have written about this before; in fact every time this happens it gets historically summarized by someone. If you look at the numerous boom / bust periods in tech, whether the '80s, '90s, or '00s, the best tech companies roared right through the downturn and came out the other side in great shape.
It's the same reason Intel always believed in investing right through the bust periods, to gain ground against everyone else that either can't do that or is foolish enough to go into lock-down mode.
Others have written about this before; in fact every time this happens it gets historically summarized by someone. If you look at the numerous boom / bust periods in tech, whether the '80s, '90s, or '00s, the best tech companies roared right through the downturn and came out the other side in great shape.
It's the same reason Intel always believed in investing right through the bust periods, to gain ground against everyone else that either can't do that or is foolish enough to go into lock-down mode.