Valleywag
One of the most irritating features of the current web boom in Silicon Valley: the endless analysis of whether it's less a boom, and more a bubble. Witty observations, which all begin so: You know it's a bubble when... Fill in the gap. The exercise is repetitive. The discussion has all the fury, and significance, of a medieval debate about the number of angels who can dance on the end of a pin. And, worst of all, the discussion isn't really serious.
Say one concludes that, yes, Lou Reed's performance at last week's Web 2.0 conference is incontrovertible evidence of bubbliness. Then what? Is it really as if any of the corridor cynics at internet conferences change their behavior? They're like alcoholics who go to meetings, but still drink. Or internet analysts, during the last cycle, aware that their buy recommendations were ludicrous, but unable to buck their system, or resist the bonuses that were in prospect.
You know it's a bubble when...
One of the most irritating features of the current web boom in Silicon Valley: the endless analysis of whether it's less a boom, and more a bubble. Witty observations, which all begin so: You know it's a bubble when... Fill in the gap. The exercise is repetitive. The discussion has all the fury, and significance, of a medieval debate about the number of angels who can dance on the end of a pin. And, worst of all, the discussion isn't really serious.
Say one concludes that, yes, Lou Reed's performance at last week's Web 2.0 conference is incontrovertible evidence of bubbliness. Then what? Is it really as if any of the corridor cynics at internet conferences change their behavior? They're like alcoholics who go to meetings, but still drink. Or internet analysts, during the last cycle, aware that their buy recommendations were ludicrous, but unable to buck their system, or resist the bonuses that were in prospect.
Read More:
6:02 PM on Mon Nov 13 2006
By Nick Denton
695 views
6 comments
Comments
this sucks. bring Nick back.
ditto. did they import someone from Defamer or Wonkette? this is lame.
This new logo and even the favicon are making me ill.
How about less of this crap and more of what the fuck happened with Nick Douglas?
This is some of the dumbest shit I've ever read.
Oops, what blog am I on?
edit c:\valleywag.com\font.ini
Start a discussion:
Login with your username and password below. Or comment on this post via email.
Forgot your username or password? New User?