Remember that old Hanson song? Yeah i know, it'll be in your head the rest of the day. Anyone else used to think the one on the right was a chick?

 

So I've blogged before about the bubble 2.0. Not much really has changed. It's just now really starting. And by starting, i mean it's at stage one. It may just look like another day on the internet but the bubble is here; and it's going to look a hell of a lot different than the last one.

In the first bubble, it happened like this:

1. Stupid-ass web idea created.
2. Stupid-ass VC Funded the thing
3. Stupid-ass company owners bought stupid ass cars and had stupid ass parties instead of working
4. Stupid-ass VC realized that Stupid-ass company has no real way to make money
5. Smart-ass VC pulls funding from Stupid-ass company when he realized Milk the rabbit was a bad idea.
6. Stupid-ass business person defaults on loas and works at Starbucks.
7. Stupid-ass business goes away and domain goes back in the bowls of nothing ness

Ahh, the good ole days. This bubble is different. Except with one difference, substitute step 4 with "Stupid ass company purchased by larger supid ass company."

Yop, thats right, this bubble will burst with a lot of people with no jobs and a lot of bad ideas still rocking because the likes of Google will buy them out. The smart ones sold out. Youtube sold to Google, Myspace to Newscorp. Just waiting for Bebo to sell and Digg i heard is for sale. That's the new landscape. There are way to many people out there using these sites. The problem is, they aren't making "enough" money. Therefore, someone who just wants some extra cheese and a bigger portfolio will buy them and cut costs by bringing them in-house. Less money needed, larger network supporting it. This equals more profits.

The bubble is in full swing. Hell, look at google's stock, it burst already. It's here folks, it just doesn't look like it used too.

-Walhalla