First Sign of a New Internet Bubble: Classmates.com

I have been contending that there is no Web 2.0 bubble, until I heard the news:

Classmates filed for a $125m IPO

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.
 

One thought on “First Sign of a New Internet Bubble: Classmates.com

  1. 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

    Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s