--- title: "Meaning & Key Takeaway of: I had been in the technology business for…" description: "\"I had been in the technology business for so long, I had seen the PC-bubble come and burst, I had seen the local area and wide area networking-bubble c..." image: "https://sms4smile.com/quotes/i/739/mark-cuban-889_areas_i-had-been-in-the-technology-business-fo_680115.jpg" --- # I had been in the technology business for so long, I had… ![“I had been in the technology business for so long, I had seen the PC-bubble come and burst, I had seen the local area and wide area networking-bubble come and burst, it was no shock that the internet-bubble was going to burst.” quote by Mark Cuban](https://sms4smile.com/quotes/i/739/mark-cuban-889_areas_i-had-been-in-the-technology-business-fo_680115.jpg) [Download](https://sms4smile.com/quotes/i/739/mark-cuban-889_areas_i-had-been-in-the-technology-business-fo_680115.jpg) [Open image](https://sms4smile.com/quotes/i/739/mark-cuban-889_areas_i-had-been-in-the-technology-business-fo_680115.jpg) > “I had been in the technology business for so long, I had seen the PC-bubble come and burst, I had seen the local area and wide area networking-bubble come and burst, it was no shock that the internet-bubble was going to burst.” [Mark Cuban](https://sms4smile.com/quotes/author/mark-cuban/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Having witnessed multiple tech bubbles burst, the next bubble (internet) was expected to fail, showing pattern recognition in markets. **In simple terms:** Tech bubbles repeat; expect the next crash. Key Takeaway Prepare for market cycles. Themes finance technology risk management Mood analytical pragmatic Type strategic informative When to use this quote - investment decisions - startup funding - portfolio diversification Key Concepts economics pattern recognition Questions to Reflect On - How do you identify a bubble early? - What safeguards can you implement? A Different Perspective Not all bubbles are identical; timing varies. ★ ★ ★ ★ ★ No ratings yet [Areas](https://sms4smile.com/quotes/about/areas/) [Bubble Going](https://sms4smile.com/quotes/about/bubble-going-5382510/) [Bubbles](https://sms4smile.com/quotes/about/bubbles/) [Business](https://sms4smile.com/quotes/about/business/) [Internet](https://sms4smile.com/quotes/about/internet/) [Internet Bubble](https://sms4smile.com/quotes/about/internet-bubble-527169/) [Locals](https://sms4smile.com/quotes/about/locals/) [Long](https://sms4smile.com/quotes/about/long/) [Networking](https://sms4smile.com/quotes/about/networking/) [Networking Bubble](https://sms4smile.com/quotes/about/networking-bubble-5382508/) [Pc Bubble](https://sms4smile.com/quotes/about/pc-bubble-5382509/) [Shock](https://sms4smile.com/quotes/about/shock/) [Technology](https://sms4smile.com/quotes/about/technology/) [Technology Business](https://sms4smile.com/quotes/about/technology-business-304294/) [Wide](https://sms4smile.com/quotes/about/wide/) ## Related quotes > [Every new industry has exuberance in advance of reality. The techies get carried away. There is a period of despair. Then the pendulum swings…](https://sms4smile.com/quotes/steve-jurvetson/every-new-industry-has-exuberance-in-advance-of-reality-the-techies/) [Steve Jurvetson](https://sms4smile.com/quotes/author/steve-jurvetson/) > [“One ratio that Buffett is known to track is the total market cap to GDP. Recently, it was at 125%, which is a level…](https://sms4smile.com/quotes/daniel-pecaut/one-ratio-that-buffett-is-known-to-track-is-the-total-market-cap-to/) [Daniel Pecaut](https://sms4smile.com/quotes/author/daniel-pecaut/) > [You can go back to tulip bulbs in Holland 400 years ago. The human beings going through combinations of fear and greed and all…](https://sms4smile.com/quotes/howard-warren-buffett/you-can-go-back-to-tulip-bulbs-in-holland-400-years-ago-the-human/) [Howard Warren Buffett](https://sms4smile.com/quotes/author/howard-warren-buffett/) > [People who say that the Internet is the bubble are incredibly misguided.](https://sms4smile.com/quotes/james-daly/people-who-say-that-the-internet-is-the-bubble-are-incredibly/) [James Daly](https://sms4smile.com/quotes/author/james-daly/) > [Big companies often use their leverage to take stakes in would-be suppliers, especially in the technology business.](https://sms4smile.com/quotes/alex-berenson/big-companies-often-use-their-leverage-to-take-stakes-in-would-be/) [Alex Berenson](https://sms4smile.com/quotes/author/alex-berenson/) > [I am not interested in the technology business, at least not in getting hands-on.](https://sms4smile.com/quotes/roshni-nadar/i-am-not-interested-in-the-technology-business-at-least-not-in/) [Roshni Nadar](https://sms4smile.com/quotes/author/roshni-nadar/) > [Information technology and business are becoming inextricably interwoven. I don't think anybody can talk meaningfully about one without the talking about the other.](https://sms4smile.com/quotes/bill-gates/information-technology-and-business-are-becoming-inextricably/) [Bill Gates](https://sms4smile.com/quotes/author/bill-gates/) > [Silicon Valley has some of the smartest engineers and technology business people in the world.](https://sms4smile.com/quotes/elon-musk/silicon-valley-has-some-of-the-smartest-engineers-and-technology/) [Elon Musk](https://sms4smile.com/quotes/author/elon-musk/) > [I want to involve creativity more in technology and business. 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There never is one area that has a door open to everyone. Try to find an area…](https://sms4smile.com/quotes/mark-cuban/i-just-started-a-business-called-hdnet-there-never-is-one-area-that/) [Mark Cuban](https://sms4smile.com/quotes/author/mark-cuban/) > [If it had anything to do with the PC or networking industry I was on top of it. I bought manuals. I read every…](https://sms4smile.com/quotes/mark-cuban/if-it-had-anything-to-do-with-the-pc-or-networking-industry-i-was-on/) [Mark Cuban](https://sms4smile.com/quotes/author/mark-cuban/) > [I believe there definitely are good things about social networking. It's a way for people to connect all around the world.](https://sms4smile.com/quotes/lizzie-velasquez/i-believe-there-definitely-are-good-things-about-social-networking-it/) [Lizzie Velasquez](https://sms4smile.com/quotes/author/lizzie-velasquez/) ## More by Mark Cuban > [At least before my hip replacement, I had a quick first step. I could get by you off the dribble. My business game is…](https://sms4smile.com/quotes/mark-cuban/at-least-before-my-hip-replacement-i-had-a-quick-first-step-i-could/) [Mark Cuban](https://sms4smile.com/quotes/author/mark-cuban/) > [Culture is very important to the Mavs… It isn't about who talks the most or the loudest. It is about the demeanor and attitude…](https://sms4smile.com/quotes/mark-cuban/culture-is-very-important-to-the-mavs-it-isn-t-about-who-talks-the/) [Mark Cuban](https://sms4smile.com/quotes/author/mark-cuban/) > [I have always been selling. I always had something going on. That was just my nature.](https://sms4smile.com/quotes/mark-cuban/i-have-always-been-selling-i-always-had-something-going-on-that-was/) [Mark Cuban](https://sms4smile.com/quotes/author/mark-cuban/) > [I can turn an idea into a business before you know it's going to be important. 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