Good Article on the Second Dotcom Bubble
From GigaOM:
Somehow the act of creating a startup has become the goal instead of the building of a business.Pretty amazing to see a second dotcom bubble. It seems to be playing out similarly to the first (and it seems late in the game), with the goal of some startups now just to create a plausible site and cash-out to investors.
In the first dotcom bubble, it was more of a focus on "B2C" and "B2B" sites that actually sold stuff plus sites that had "eyeballs" i.e. a vaguely plausible source of ad revenue. But now it is more social networking and whatnot.
2 comments:
More links
http://www.theawl.com/2011/03/one-nuclear-bomb-will-ruin-your-whole-startup-bubble
http://www.observer.com/2011/tech/tour-diary-48-hours-30-hackers-bus
http://www.creditbubblestocks.com/2014/11/the-techcrunch-bubble-index-parsing.html
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