In the first web bubble, there was a lot of investment into companies giving stuff away at a loss. Eventually we all got too smart for that. Now there is a lot

In the first web bubble, there was a lot of investment into companies giving stuff away at a loss. Eventually we all got too smart for that. Now there is a lot of investment into companies getting other companies to give stuff away at a loss. Just as unsustainable, but it'll drag out a bit longer before we all figure it out.