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March 15, 2006
Run, don't walk, to iTulip. In case you missed it the first time around, iTulip predicted and then chronicled the dot-com bust with acumen and wit. Now it's back, skewering hedge funds and other current excesses. Entrepreneur and angel investor Eric Janszen is the mastermind behind it all.
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Glad to see iTulip is back, but how could they have missed the real story about the Fed and monetary policy?
What was about to be sorted out in 2000-2002 was placed on low-interest-rate life-support. That has served to balloon a massive credit bubble -- the same one that feeds the real estate bubble, the U.S federal and Trade deficits, and is reflected in massive consumer debt and negative personal savings rates. Just wait for the fun when that unwinds as rates go up and consumers finally cut back their spending!
Stay Vigilant, people!
Posted by: J.C. Ernharth at March 21, 2006 05:00 PM
I loved their site back in the day and have to say they saved me from getting caught up in the internut bubble.
Posted by: John Polomny at March 25, 2006 11:24 PM