So, geeks were given millions and felt like they had to impress the investors. So if the competition moved to a new office, they moved to even bigger ones. If the CEO was driving a Porsche, they got a Ferrari. So you could tell a tech startup was in a building by the multiple Porsches parked outside. The same principle applied after the crash - you could tell a tech startup is crashing due to the multiple people coming out with cardboard boxes. Every day another startup next to us did the cardboard box dance. Our turn came as well of course. My next job lasted 2 months as that company tanked as well, and as a new recruit I was first to be let go. Next company lasted a bit longer but at that time the city was changed. Before the crash I had to park my car at the other side of town and take a taxi to it when I needed it. After the crash I could park everywhere I wanted and at any time. After the crash I had periods between jobs that I couldn't find any work. At all, but I was lucky (and good enough) to ultimately get a good gig. During those dead periods though I had to leave the City which was probably the hardest thing for me as I really like San Francisco.
I don't regret a thing though. And I think the crash ultimately did good to the industry. It was too much before it happened. A strange gold rush with a total lack of common sense. The waves to follow are somewhat more sensible.