Very insightful interview, Paul Graham has really thought out what went wrong during the last bubble and has drawn some good lessons from that period. I agree

Very insightful interview, Paul Graham has really thought out what went wrong during the last bubble and has drawn some good lessons from that period. I agree 100% with the "web 3.0" part, classifying the movement of the web as a version number is really playing down the advancements of the current web environment. Then again, as the web matures people get excited about the new offerings and subsequently buzzwords follow. Its good to see people that see past the hype and are making viable things that people actually want.