Interesting fact about the dot com bubble burst

According to 3i/PricewaterhouseCoopers, in the first three months of the 2000, a record US $22 billion of venture capital was pumped into a record 1330 Internet start up deals in the US alone - the same number of deals and more than twice as much money as in the whole of 1998.* Worldwide in 2000, business plans raised nearly $200 billion of external function for start ups, management buyouts and expansion - two-thirds of tit for technology businesses.