The famous Spanish philosopher, George Santayana,  once remarked that ”those who cannot remember the past are condemned to repeat it.”  So, a natural question in these times of financial turmoil, when it is hard to stave off a sense of impending doom, is: how will this “bust” be different from (or the same as) the dot com bust that began in 2000?  More precisely, what will be the differences and similarities as they relate to venture financing and early stage companies in the Pacific Northwest?

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