Funny—this is sort of related to my last post though totally unintenional. Article in Businessweek suggests that "it feels like 1998" all over again.
“Are we or are we not in an Internet bubble? The debate flares up at industry parties, conferences, and in blog discussions like a never-ending marital spat, dragging in even those who are tired of the question. John Doerr, partner at venture capital firm Kleiner Perkins Caufield & Byers, won't even use the word bubble, preferring to call the late '90s "the boom."
I have no idea if this is a bubble or not—but having survived the dot-com downturn without losing my job (thankfully), I would offer up this perspective. Let's learn from what happened in the late 90's. The creative spirit was good. The arrogance was bad. Let's re-capture the creative spirit, mix it with the wisdom we've all gained since—and do some things for people that somehow makes life just a little bit better.