A beautiful bubble doesn't have to be ugly
Posted: Mon Feb 17, 2025 7:24 am
It won't have escaped your notice: my Facebook profile is going public in May! Just like yours and almost 850 million other Facebookers. The Facebook IPO will undoubtedly be accompanied by the question of whether there is a new internet bubble. Especially after a year in which Zynga, LinkedIn and Groupon also stormed Wall Street - with varying degrees of success. I cannot answer the question of whether there is a new internet bubble in this article. But what if there is?
In the article 'This Tech Bubble is Different' Ashlee Vance describes the major shortc australia phone number list oming of the current investment frenzy, which is being exploited in internet companies that thrive on social networks and advertising. The central point Vance makes is that when this bubble bursts - Vance believes it is a bubble - nothing of substance will remain. Or, as a former Facebook employee puts it in the article:
“The best minds of my generation are thinking about how to make people click ads […] That sucks.”
In the article 'This Tech Bubble is Different' Ashlee Vance describes the major shortc australia phone number list oming of the current investment frenzy, which is being exploited in internet companies that thrive on social networks and advertising. The central point Vance makes is that when this bubble bursts - Vance believes it is a bubble - nothing of substance will remain. Or, as a former Facebook employee puts it in the article:
“The best minds of my generation are thinking about how to make people click ads […] That sucks.”