Met Nigel Hawthorn of Blue Coat Systems (they do various forms of enterprise filtering), who was recalling the mad days of the dot-com boom, as the company has been around for six years (formerly as Cacheflow).

At one stage growth was 40% per quarter and they didn’t know how they would find staff; then of course it all stopped.

“We thought we could walk on water. And then we drowned.” (Though they’re OK now; profitable, even.)