What we may be witnessing again in this tech bubble that appears to be bursting now. Last one caused by Venture Capital drying up.

The logic of Venture Capital drying up would be sound now and logical as well. You have all these Mom and Pop investors wanting to make a lot of money quick. But, then the Iran war happened to them and the gas prices and the food prices went up and this got really expensive for them and their children and their grandchildren. So, now they need this investment money for their families so it is taken out of the investment market. This then causes stocks to go down on AI and Chip makers. This then could create the Bubble Bursting on Tech Stocks. lT dropped around 80% in value from March of 2000 to the fall of October 2002. 

 

 begin quotes from previous article on the tech bubble bursting in 2000 AD

The Peak: Between 1995 and its peak in 2000, heavy venture capital investment in internet-based startups with little to no profit caused the Nasdaq to skyrocket by 600%. 

The Crash: The speculative bubble popped when venture capital dried up, forcing countless unprofitable dot-com startups into bankruptcy. 

The Aftermath: By October 2002, the Nasdaq had plummeted 78% from its peak. Many companies, such as Amazon, Priceline, and eBay, survived the crash, while others like Pets.com completely dissolved.