1/18/2006
The bubble about to burst?
Allthough Yahoo managed to increase their profits by 80 percent, they were unable to meet analysts expectations and promptly suffered a 13 percent drop in their stock value. Couple this with the demise of Searchfox and the blogosphere is abuzz with speculations on the crash of the Web2.0 [via Micro Persuation].
While there is no doubt that the whole 2.0 thing is overhyped, there has been a tremendous amount of innovation last year, which produced a lot of lasting values. I hope nervous investors will understand some day too.
February 28th, 2006 at 4:21 am
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