--- title: "Meaning & Key Takeaway of: The boom was healthy too, even with its…" description: "\"The boom was healthy too, even with its excesses. Because what this incredible valuation craze did was draw untold sums of billions of dollars into bui..." image: "https://sms4smile.com/quotes/i/f19/andy-grove-8875_billions_the-boom-was-healthy-too-even-with-its-e_2208390.jpg" --- # The boom was healthy too, even with its excesses. Because… ![“The boom was healthy too, even with its excesses. Because what this incredible valuation craze did was draw untold sums of billions of dollars into building the Internet infrastructure. The hundreds of billions of dollars that got invested in telecommunications, for example.” quote by Andy Grove](https://sms4smile.com/quotes/i/f19/andy-grove-8875_billions_the-boom-was-healthy-too-even-with-its-e_2208390.jpg) [Download](https://sms4smile.com/quotes/i/f19/andy-grove-8875_billions_the-boom-was-healthy-too-even-with-its-e_2208390.jpg) [Open image](https://sms4smile.com/quotes/i/f19/andy-grove-8875_billions_the-boom-was-healthy-too-even-with-its-e_2208390.jpg) > “The boom was healthy too, even with its excesses. Because what this incredible valuation craze did was draw untold sums of billions of dollars into building the Internet infrastructure. The hundreds of billions of dollars that got invested in telecommunications, for example.” [Andy Grove](https://sms4smile.com/quotes/author/andy-grove/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. The valuation boom funded massive internet infrastructure investments, despite excesses. **In simple terms:** Valuation spikes helped build the internet. Key Takeaway Leverage market enthusiasm for long‑term assets. Themes investment cycles technology growth market speculation Mood cautious analytical Type strategic financial When to use this quote - startup funding - telecom expansion - internet scaling Key Concepts capital allocation infrastructure development Questions to Reflect On - What safeguards prevent over‑investment? - How to balance hype with fundamentals? A Different Perspective Excessive valuations can cause bubbles and crashes. ★ ★ ★ ★ ★ No ratings yet [Dollars](https://sms4smile.com/quotes/about/dollars/) [Excess](https://sms4smile.com/quotes/about/excess/) [Infrastructure](https://sms4smile.com/quotes/about/infrastructure/) [Internet](https://sms4smile.com/quotes/about/internet/) [Investing](https://sms4smile.com/quotes/about/investing/) [Money](https://sms4smile.com/quotes/about/money/) [Telecommunications](https://sms4smile.com/quotes/about/telecommunications/) [Valuation](https://sms4smile.com/quotes/about/valuation/) ## Related quotes > [Even as we pour hundreds of billions of dollars into our efforts in the Middle East, there is much that needs to be done…](https://sms4smile.com/quotes/herb-kohl/even-as-we-pour-hundreds-of-billions-of-dollars-into-our-efforts-in/) [Herb Kohl](https://sms4smile.com/quotes/author/herb-kohl/) > [It is unimaginable that the United States would have to contribute hundreds of billions of dollars and highly unlikely that we would have to…](https://sms4smile.com/quotes/kenneth-m-pollack/it-is-unimaginable-that-the-united-states-would-have-to-contribute/) [Kenneth M. 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It has set standards which encourage investment in infrastructure and ensure that…](https://sms4smile.com/quotes/ory-okolloh/all-of-us-salute-the-itu-s-excellent-work-in-the-telecommunications/) [Ory Okolloh](https://sms4smile.com/quotes/author/ory-okolloh/) > [An efficient telecommunications network is the foundation upon which an information society is built.](https://sms4smile.com/quotes/talal-abu-ghazaleh/an-efficient-telecommunications-network-is-the-foundation-upon-which/) [Talal Abu-Ghazaleh](https://sms4smile.com/quotes/author/talal-abu-ghazaleh/) > [The fact that other countries spy on their own people or spy on each other does not address the fact that the US is…](https://sms4smile.com/quotes/jesselyn-radack/the-fact-that-other-countries-spy-on-their-own-people-or-spy-on-each/) Jesselyn Radack > [Trying to get a common set of trading rules right down to very simple things like paperless customs arrangements and telecommunications services and all…](https://sms4smile.com/quotes/andrew-robb/trying-to-get-a-common-set-of-trading-rules-right-down-to-very-simple/) Andrew Robb ## More by Andy Grove > [Leaders have to act more quickly today. 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