Unlike the big bubble, profitable tech companies are not just selling "picks and shovels" to unprofitable (but well funded) ones. Ebay makes money. Amazon make

Unlike the big bubble, profitable tech companies are not just selling "picks and shovels" to unprofitable (but well funded) ones. Ebay makes money. Amazon makes money. E-Commerce is alive and kicking (finally), and even if investor funds dry up overnight, there will still be lots of cash coming in. In the first bubble, the only people making money were Yahoo (who sold ads to overfunded startups), Oracle (who sold database software), Sun (who sold servers), and the consultants (who supplied warm bods). This time, it is different. All bubbles are.