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Is it just me, or does this finally scream 'bubble'?
by lolwutf 13y ago
Is it just me, or does this finally scream 'bubble'?
- nemothekid 13y agoPeople have been screaming bubble for years now. Facebook's IPO was a "bubble." Instagram's aquisition was a "bubble." Pinterest is a "bubble." While we all conveniently ignore that most startups today are generating real revenue and firms like a16z are massively scaling back funding to early stage consumer startups, I hardly think one "bad apple" (if it is, maybe they will come up with some crazy way to make revenue, I'm not a psychic) is a sign of a bubble.
- LandoCalrissian 13y agoI largely agree with this, it seems the only area where valuations are getting really crazy are in the app market. I assume the only real plan they could have is acquisition, and even then I really only see Facebook taking that dive.
- nwh 13y agoFacebook have already cloned it. https://itunes.apple.com/app/facebook-poke/id588594730 https://itunes.apple.com/app/facebook-poke/id588594730
- tomashertus 13y agoand failed badly...