Their timeline sounds right to me. The dot com bubble was about big dreams but ended up with far less reality when stock options crashed to nothing. There was a finance bubble after the internet bubble and you could make a lot more money as a quant.
The big tech firms finally started doing RSU's insteda of stock options in the early 2000's, though most startups still were (and are) lagging way behind.
The big tech firms finally started doing RSU's insteda of stock options in the early 2000's, though most startups still were (and are) lagging way behind.