Bubble 2.0: RIP November 14th, 2007
Well things certainly are getting frothy around here, aren’t they? Facebook is “valued” at $15 billion, Google is busy dismantling every industry they can find while the stock races to $2000, Apple is scaring the pants off the content “creators” all while shipping a stinkin’ cell phone and Microsoft just had their best quarter ever. (Fun fact: MSFT had more profit last quarter than GOOG had revenue. Feel free to read that twice.)
Goodness! We’re clearly in a Bubble right? I mean, we’ve been talking about this Bubble 2.0 stuff for the last 2 years. Well, I’m callin’ it out right now; the statute of limitations has just run out on the term Bubble 2.0. We’re not in a bubble folks, move along.
As of November 14th, 2007 I’m asking that people stop referring to the current state of affairs as a bubble. Failure to do so will result in me taking a sharpie to all of your Threadless tees.
KTHXBYE.
Some might consider ‘excessive’ valuation ($15 Billion for Facebook and $2K for Google stock) evidence of a bubble.
Apple isn’t scaring anyone but making them jealous. http://tinyurl.com/yow7ub (NY Times) Now everyone wants a taste.
“Feel free to read that twice.” Ha!
You stay AWAY from my Threadless T’s, Kveton! I will scribble on YOU!
New York… HA! We got Boise in the HOOD, Yo! :)
Love,
Stephanie X