>There was no point at which the internet was /not/ worth investing in and everyone who had experience with it knew that.

I don't get this. Of course there was. Specifically, March 10, 2000.

To declare that something is not worth investing in doesn't imply that it's useless. (and actually, swing investors will argue something can be worth investing in even though it is in fact useless, e.g. web3 and most crypto).