The funny thing is that the presentation was completely wrong. The "good times" were only about to begin. Within a couple of years, tech went on probably its greatest stock market streak in history. If you look at tech from 2010 until 2021, the gains are so outsized that it caused things like massive income inequality in the Bay Area because the gap between tech workers and non-tech workers was humongous.

AAPL went from $8 in 2010 to $180, not including the 28:1 split during that period. Google went from $300 to $3000, not including a 2:1 split. Amazon went from $100 to $3500, with no splits. Startups like Uber and Airbnb were about to be founded. Twitter was created only a couple of years previous. A tremendous amount of multi-millionaires and billionaires were minted during that time.