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December 17, 2005
Mike Arrington also wonders if there's a bubble brewing after all in the land of Web 2.0. His latest red flag is stupid parties:
"I was invited, and drove 25 miles to get there. The door person said I wasn’t on the list. I called someone inside the party to see if I could get in. A very large bouncer got right in my face and “asked” me to leave the area since I wasn’t on the list. I looked around and saw at least a dozen people trying to get in, to the free alcohol."
Maybe that's their exit strategy: Throw a party, but let in only people from Google and Yahoo.
Web 2.0, bubble, venture capital
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Bubble? Is there really any question? I pass Techcrunch by these days as there are just too many look-alikes to care. Reminds me of pet stores in Bubble-1. Will let it shake out and see who/what survives.
Posted by: PXLated at December 17, 2005 07:13 AM
even with those constraints, it could still be a very big party, and they'd probably have to buy lots of expensive booze.
Posted by: steve baker at December 17, 2005 10:08 AM