2 ms·
This is actually quite a remarkable piece: 1. It gently mocks the investors who proclaim "bubble" as a way to bitch and moan over being caught in a price squee
by grellas 16y ago
This is actually quite a remarkable piece:
1. It gently mocks the investors who proclaim "bubble" as a way to bitch and moan over being caught in a price squeeze.
2. It lampoons the alarmist press accounts of the same "bubble" as a sort of guilt-ridden desire to atone for having so idiotically missed the real bubble of 2000.
3. It deprecates its own author in two splendid ways (swimming in the bubble froth of holding a worthless vp biz dev position while on the ascendancy and swimming in booze in the aftermath as the illusory fortune took wing and flew away).
4. It offers some sharp and pithy contrasts between what is in fact happening today (some over-excitement in select tech areas) and what happened in 2000 (spend, spend, spend and to hell with fundamentals), all of which in fact draws a sharp contrast between what was indisputably a bubble back then with what is (likely) not really one today.
5. And it does all the above with tongue heavily in cheek, right down to the very title ("blubble").
You can love or hate Mr. Arrington, and he is undoubtedly one who provokes strong reactions from others, but his work is anything but routine and, at times, it even soars.