Thursday, March 10, 2011

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.


CP said...

More links

CP said...