I have been contending that there is no Web 2.0 bubble, until I heard the news:
Now I am scared. Classmates is as far from Facebook as it can get on the internet, and yet is looking to cash in on the buzz around the entire social networking market. This is how a bubble gets created – by public market fund-raising that resembles pump-n-dump operations. Om agrees.
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Good News re: Bubble 2.0
I have been saying that it’s not a bubble until uncle Henry and aunt Alice are building up pets.com storck in their 401K. A couple of months ago, I had called the IPO filing of Classmates.com the first sign of