This is true of all bubbles. It's what makes a bubble a bubble. See: Housing bubble of mid 2000s.
Re:Joel Spolsky: The Day My Industry Died
by binarycheese on Friday July 24, 2009 @02:03PM
(#722039)
The one who gets extremely rich is the one whole suppliers beer & liquor to all the bars (& w houses)
The dot-com boom was a goldrush, and if you look back to the Klondike goldrush 100 years previous you can notice a pattern. There were two groups of individuals who got rich back then: The guys that got there first, and the guys that sold shovels to everybody else.
It's hard to be that First Guy, but it's easy to notice him and set up a shovel stand.