Life 2.0 has been re-inventing all aspects of experience including work, play, communication, commerce, politics, healthcare, aging, sexuality and spirituality so it is inevitable that it is eventually time for Bubble 2.0.
Is it Genius or Bubble? You be the judge
Some of the new startups not just using the new math but in fact no math include Bix, an online contest site which received $6.8M from VCs before being bought by Yahoo for an undisclosed amount in November 2006, Unboxing, UGC videos of geeks unpacking gadgets (can the site outlast PSP3 and Wii-envy?) and all the name-your-hobby-hereSTER cluster sites. Sort of reminds one of the deep history (five years ago) of eFlake, a breakfast cereal portal, ePants, an online pants ordering service and all the drugstores.com.
Another tip-off: Venture Capital financing has had a slight up-trend in the last three years, pouring at least $5 billion of investment dollars into early stage companies each quarter. (Source: PWC MoneyTree, October 2006)
Monday, December 11, 2006
Bubble 2.0?
Posted by LaBlogga at 8:02 PM
Labels: life 2.0, markets 2.0, vc financing
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2 comments:
Counterpoint: YouTube Transforms Itself
Hi Sedicious, thanks for your comment. I agree and think that perhaps the majority of activity has been triggering fundamental beneficial change with applications like YouTube.
However, there is also the start of a frothy fringe of irrationality that is part of the development cycle and could eventually become a bubble.
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