It's also like the dot-com collapse, in fact, probably in longer term more like that situation.

NPR: Housing Market Problems Lead to Job Cuts

That company, an umbrella for holdings in the Internet sector, had just gone through the wrenching dot-com collapse.

FORBES: Magazine Article

Even after the dot-com collapse, there is still cash being thrown at young techies with a genius for a hot thing--like Gnutella.

FORBES: Money For Gnutting

After the dot-com collapse in 2001, for example, his screens picked up a collection of steel companies such as Cleveland-Cliffs, Metals USA, Oregon Steel Mills and Quanex.

FORBES: Magazine Article

It didn't get very far before the dot-com collapse.

FORBES: Customs Solution

After the dot-com collapse in 2001, for example, his screens picked up a collection of steel companies such as Cleveland-Cliffs (nyse: CLF - news - people ), Metals USA, Oregon Steel Mills and Quanex (nyse: NX - news - people ).

FORBES: 2008 Investment Guide

Refusing to fade into retirement, the successful Peters still uses a key lesson from the collapse of the dot com bubble -- the value and importance of failure.

CNN: Guru Peters still reinventing himself

Unlike other venture firms that suffered from the market collapse, NEA managed to avoid huge losses in its public portfolio companies by staying clear of dot-com retailers and focusing on communications services and optical components.

FORBES: NEA Was Not Immune To Mistakes