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A comment on Ask HN: Was the Y2K crisis real?. Parent comment

Re:Ask HN: Was the Y2K crisis real? by hinkley on Friday March 13, 2020 @01:13AM (#22564935)
And the dotcom bust came when it did in part because the Y2K spending was lifting all boats. A bunch of companies shifted from buying too much to buying not much.
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Re:Ask HN: Was the Y2K crisis real? by ghaff on Friday March 13, 2020 @10:10AM (#22567340)
I'm not sure why you're being downvoted. It wasn't really related to the dotcom bust per se. But the falloff in Y2K spend was part of the overall drop in IT spend on consultants, system refreshes, etc. We use dot-bomb as a shorthand but there were clearly a number of things that happened in the same general timeframe that made it something of a perfect storm.
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