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There may or may not be a bubble in Internet startup valuations. But
one thing in which there is definitely a bubble is in talk by
journalists, investors and anyone else looking to raise their online
profile through constant punditry about bubbles.
A recent Google News keyword search for instances of “Internet” and
“bubble” unearthed 960 links. Facebook, Twitter and Zynga are bubbles,
said one. Is Yelp: the dot com bubble part deux? asked another. One
more asked: Is Twitter the harbinger of the second bubble? |
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I have very bad
memories about them stinking bubbles. Sigh.
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