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Fortune
Fortune
Allie Garfinkle

How tech’s booms and busts have evolved over time—and how they’ve stayed the same, according to Venrock’s Ethan Batraski

(Credit: Courtesy of Venrock)

I’m not sure, but I think most people agree history repeats itself. 

Now, if you disagree, I’d love to hear, because I’m not sure I’ve ever heard a full-throated rejoinder to this idea. We may quibble over whether it repeats or rhymes, or that only some parts repeat and others are one-time-only. (My incremental, linguistic nuance is that history doesn’t repeat so much as echo.) That said, just because most of us believe in some fashion that the cliche about history repeating itself is true, it doesn’t mean that factors into our decision-making.

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