It doesn't look like a bubble on the scale of previous bubbles because the general public is largely uninvolved (from an investing standpoint). If it popped now, the burned VCs and angels wouldn't even make the local news. On the other hand, if the IPO market heats up coincident with a strong economy, then watch out.
well the ipo market heating up would then in turn involve the general public. imagine people clamoring for facebook stock? coupled with resurging economy, you get an interesting bubble action, as people will invest more than they can afford to and risk more than they should.
New Rules for the New Internet Bubble
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Re: New Rules for the New Internet Bubble
#22I think start-ups needs to get physical in some ways. Way too much information, nowadays. While Facebook and RSS feeds me like food does, I get enough of it that I don't want to try the next app. There is too much apps and too much information. By physical, I mean startups like Wake Mate. They make use of technology, the web, mobiles, your computer... but they give you something more than just virtual-information. So…
It's about creating value. A pet-rock is as valuable as a virtual rock.
If a competitor to wakemate was able to monitor your sleep without the wristband and was only a piece of software, would that make it any less valuable to you?
Re: New Rules for the New Internet Bubble
#23Earlier quoted context omitted.
I disagree. What Twitter and Facebook both do is decrease the cost for new ideas to spread - HUGE value to society. Twitter and Facebook are my primary news sources - and I'm not alone. I doubt the protesters in the Arab world would agree when you say Facebook and Twitter adds no value to their life.
Yes, the Arab protester does show the potential of facebook/twitter for productive use. However from my point of view, facebook and twitter will be more like TV. On the surface it looks like it has a great potential for spreading of ideas, but I don't think it would actually reach that potential where it actually improves the overall productivity of society. I hope I am proved wrong...