What I am reading

Will the credit crunch inflate the internet bubble? In this article, Techcrunch ponders the impact of the latest credit squeeze, as ex-bankers and ex-real estate agents search for new careers. Are we about to see another mass migration of talent to the internet industry? Those of us with a few years to our careers can remember the first bubble, the so-called “dotcom boom” of the late 90s when everyone wanted to be in Silicon Valley, “eyeballs” where the key metrics, old ways of valuing businesses were tossed away, and everything eventually ended in tears. As with all domains of rapid innovation, the world of Web2.0 has been balancing on the brink of another bubble for sometime, with some very dubious business models once again appearing in our midst. For better or worse, we may be about to revisit some of the irrational exuberance of 90s.