It's the Financial Times' turn to run another Bubble Watch piece ("the trend story that never was"). Two writers and a third doing "additional reporting" fail to turn up little insight, even with the willing, quotable help of super-VC Steve Jurvetson.

The usual talking points:

• It's not a bubble, it's a boom.
• No one's going public. Everybody flips (—which would make a good Mr. Rogers book. "Everybody Flips").
• Every day, in every way, we're getting better and better.

New, hard-to-swallow talking points:

• The founder of an old teen social site (Bolt.com) knows something about a successful start-up.

Hunt for new media darling hints at bubble [FT]