What Tech Bubbles Leave Behind

Tech bubbles come in two varieties: The ones that leave something behind, and the ones that leave nothing behind. Sometimes, it can be hard to guess what kind of bubble you’re living through until it pops and you find out the hard way. When the dotcom bubble burst, it left a lot behind. Walking through San Francisco’s Mission District one day in 2001, I happened upon a startup founder who was standing on the sidewalk, selling off a fleet of factory-wrapped Steelcase ...

 MySpace Destroyed History

MySpace, in a rush to relaunch and rebrand itself, made inaccessible the blogs of all of its users. There could be no movement to preserve this record of the past, as it happened so suddenly. Millions of contributions, critical records of events of a decade or so ago, lost in the blink of an eye. It’s similar to the destruction of something like Penn station: a website that was run by user-generated content, that was a central hub of Internet traffic, and that meant something to multiple mi...