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> the bubble has already burst. Bubble is bursting. Nobody knows that it has already burst or finish bursting. When I see exodus from Bay Area like the one in

• pfarnsworth 11y ago
  It's semantics, we're saying the same thing. Once the bubble bursts, then the fallout begins. Already we're seeing a few thousand layoffs from established companies (Autodesk, Yahoo, GoPro, Twitter, etc), and I've heard that LinkedIn is going to have layoffs, too. The consequences of the burst don't necessarily have to be as catastrophic as the dotcom bust, so it may or may not be dire enough affect traffic, commercial rent prices, etc, the same way. I do think that it may be painful, but hopefully it's not filled with fraud like the dotcom bust.
  • jonesb6 11y ago
    Ok c'mon people GoPro does not belong with Twitter, Yahoo, and Autodesk. Yahoo has been on it's way down for the better part of a decade. If you're going to provide 'evidence' at least make sure it's valid first otherwise your whole argument goes to shit.
    • pfarnsworth 11y ago
      Of course they belong. Their inflated stock hit almost $100 less than a year ago and now it's $10. They are in the 90 percent club, like most of tech back in the dotcom bust. They have arrived there faster than others, so why exactly doesn't it belong with the rest of them? Plus, they are having layoffs. It's actually a perfect fit to my argument.