October 10, 2007
The New Dot Com Bubble Has Arrived or Has It?
With the massive growth in Internet Start-ups of all shapes and sizes, some experts are likening the current web climate to that of the Dot Com Bubble back in 1999, that as you know experienced a catastrophic burst, sending Tech Stocks into a swirling down spin.
Now, I personally started in the Dot Com biz shortly after the crash, so I can’t really do justice in comparing the current state of the Internet Industry now with that of the first dot com bubble. But, what is readily apparent is that we are certainly experiencing somewhat of a Internet Gold Rush right now with many cool, Innovative and down right strange start-ups surfacing everywhere to make their mark on the web.
I read a great article in the Wall Street Journal today that weighs in on the question of a "New Dot Com Bubble". It has a interesting commentary on some of the indicators that may infer that we are in or heading towards a new bubble, such as an increase in the number of Goofy Start-ups Names as well company perks (ie Free Food and Gym Memberships)
This WSJ article is an interesting read - check it out! I would be curious to hear your feedback as to whether you think we are experiencing a similar Dot Com Bubble to what happened a few years back - please share your comments!
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