We're now in the second Internet bubble.

我们正身处第二次互联网泡沫。

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What happened was, six months later, Internet bubble burst.

恰恰在六个月之后，互联网泡沫破灭了。

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First is, as you know, we started at the height of Internet bubble.

总所周知的是，公司于互联网泡沫破灭时起步。

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Then lastly, there are things like the Internet bubble, they're not usually called this, but--the lending bubble where--or the subprime mess.

其次，市场上还存在像互联网泡沫，不经常被提及的贷款泡沫,此外还有次贷危机。

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Probably a more important test of the portfolio was what happened around the collapse of the Internet bubble in 2000.

对这个组合更严峻的考验可能是,2000年那场互联网泡沫的破裂

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We were lucky to raise the first round of money before the Internet bubble burst.

幸运的是，我们在泡沫破灭之前,完成了第一轮融资。

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At the same the Internet bubble kind of collapsed a little bit at that time.

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The Internet bubble in Europe and Asia seems sure to be followed by similar collapses.

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Sceptics predict that these streams of money will soon dry up, once the Internet bubble bursts.

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