"This guy must have hit a nerve to generate so much vitriol."
He hit a nerve, but not any kind of "nerve of truth". We're simply tired of the same old bullshit repeated by thinking-impaired writers.
You can't have a "crash" if the stock marketed is not tied into the business. PlentyOfFish.com, my favorite example at the moment, does not need to worry -- directly -- about a stock market crash. Nor does he (it's one guy) need to worry about VC pulling out: he has no VC.
A stock market crash could hurt everyone, but that won't be caused by some "overvaluation" of Web 2.0 companies.
Folks, the worst thing that can happen here is that some people may have to get corporate jobs while they plan their next ventures.
Those who predict a Web 2.0 crash don't understand what happened the first time.
He hit a nerve, but not any kind of "nerve of truth". We're simply tired of the same old bullshit repeated by thinking-impaired writers.
You can't have a "crash" if the stock marketed is not tied into the business. PlentyOfFish.com, my favorite example at the moment, does not need to worry -- directly -- about a stock market crash. Nor does he (it's one guy) need to worry about VC pulling out: he has no VC.
A stock market crash could hurt everyone, but that won't be caused by some "overvaluation" of Web 2.0 companies.
Folks, the worst thing that can happen here is that some people may have to get corporate jobs while they plan their next ventures.
Those who predict a Web 2.0 crash don't understand what happened the first time.