Web 2.0 Bubbled Trouble
It is all over the news that many new startups are getting funded or acquired. You probably heard or already thinking that we are in some sort of Web 2.0 bubble, and it may be the time to begin "shorting" technology stocks. On the contrary to this opinion, Marc Andressen is very convincing in arguing that this is not the case. He points our that to fear of dwindling stocks is the only thing that is common between the cave man and underperforming portfolio managers and that there is a reason why there aren't too many IPO coming about. I share Marc's opinion that it is much easier to open a tech company these days, because of cheap hardware, widely available low-cost bandwidth and hungry programmers, driven by globalization. This gives todays startups a foothold to the ground, and VC's a great way to test out the waters before pedalling ashore.
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web 2.0 isn’t simply about technology. It’s about making government a platform and making data available for public use, rather than having government act as a simple service provider.
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