Swimming in the Dot Com Bubble

Steve Rubel feels that we are in another Dot-Com-Bubble. As more and more startups raise funds, hold parties, and wax poetic about the future at tradeshows, Steve is tired of the hype:

“The bubble really began in earnest on October 9, 2006 when Google bought YouTube. That’s when every person with an entrepreneurial itch woke up and smelled the hype and money. Prior to then, startups were more focused on the entrance, not the exit. But the Google YouTube deal and many others that followed (including big time investments) really opened up the floodgates to money and it changed the attitude of the web.”