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Here Comes Another Bubble?
It's been awfully quiet in WebWorld lately. Labels: Billy Joel, parody, Richter Scales, Silicon Valley, Spoof, Viral Video, Web 2.0
No aggressive major recent acquisitions. Consistent strong share values. Maturing market-leading brand name web destinations. No new loud threats from hyped upstarts as the next new great thing online.
Thanks to websites like Google, Facebook and many others, web valuations are through the roof, just like the financial marketplace saw during the portal heydays of AOL and Yahoo! in the late 90s.
A spoofing group from Silicon Valley called The Richter Scales have put together a parody video reworking Billy Joel's "We Didn't Start the Fire" openly wondering (or stating in a backhanded way) that the Web is poised for another bubble burst.
Which begs the question: if too many people blog about a possible Web 2.0 bubble, will the Web become its own version of a celebrity meltdown?
posted by Unknown @ Tuesday, December 04, 2007,
