Bursting the Web 2.0 Bubble
Jack writes on the Guardian technology blog about the fear in the industry about the impending bursting of the Web bubble. I've been thinking about this too and I have been worried too I have to say - going so far as to say that it was inevitable.
After reading more educated people on the subject however, my fears where mostly subsided. No more so than by the research done in the New York Times that compares the valuation inflation that was created by the venture capitalists back in 2000 through investing $62.7 billion to that of the investors this time around: In 2006 the investment in startups was $3.1 billion.
What do you think? Despite people trying to calm us down, should we be worried?
UPDATE
For a reality check on the companies that haven't made it during this last Web 2.0 period, check out The Deadpool on Techcrunch - a bit of a reality check. Interesting to see that Yahoo just gave up against eBay having closed down Yahoo Auctions.