Posts tagged “venture capital”

We're seeing dot-com bubble thinking resurface: "eyeballs" are back, business plans are passé, and VCs are burning millions on shaky ideas. I like Twitter fine and think they could monetize easily, but the broader market mentality is genuinely alarming.

Buzznet hired a pink-clad girl to drive around the country hyping their product to kids. Bubble confirmed. Not that I mind.

We're in Bubble 2.0. The signs are obvious: insane acquisition prices, startups with no business models getting VC, and Facebook thinking it's the new Google. One rule-breaking startup per year makes real money. Everyone else burns cash. I lived through the last crash, but this time I'm on the inside. Here we go again.