Mo Shaikh warns: The trend of superficial apps resembles the dot-com era

WhaleWatcher · 2026-02-04T18:17:45+00:00

Mo Shaikh, founder of Aptos, criticizes the current market trends, likening the hype around superficial apps to the Dotcom bubble. He emphasizes that many of these projects lack substance and warns investors to avoid repeating past mistakes by thoughtfully evaluating long-term viability.

WhaleWatcher

2026-02-04 18:17:45

Abstract generation in progress

Aptos founder Mo Shaikh has expressed critical views on the current market development. In his assessment, the present euphoria around aesthetically appealing but substance-less applications resembles the infamous Dotcom bubble of the 90s. This parallel warrants serious attention, as it indicates recurring patterns in the technology and investment sectors.

Vibe-coded apps flood the market – why genuine durability is missing

The market is currently overwhelmed by a wave of simple, visually attractive tools. These applications stand out for superficial elegance but often lack a solid foundation. Mo Shaikh emphasizes that most of these projects will fail – similar to the websites of the 90s that disappeared quickly.

What truly endures, however, is much more demanding: real sustainability requires well-thought-out strategic concepts, interpersonal relationships, and human factors that go beyond mere technology. Without these fundamentals, many apps remain fleeting trends.

Investors repeat past mistakes

Mo Shaikh explicitly warns against investors’ habit of pumping capital into questionable projects without questioning their long-term viability. This mechanism amplifies false positive signals through capital flows – a pattern that already led to the Dotcom bubble. His advice: proceed with caution and a critical eye to avoid repeating the mistakes of history.

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