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> The next cycle, driven by social and mobile, burned again in 2008–2009, clearing the underbrush for Facebook, Airbnb, Uber, and the offspring of Y Combinator.

This list of companies made me wonder a bit. Technical progress has been huge, no question about that. But as for the actual quality or experience for the user/customer - I have the impression everything got worse, starting from Google from the first wave.





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