Here comes the bubble, redux
Some months back I raised a cautionary flag over what I considered to be the excessively high valuation of VMWare (“Uh oh…Tech Crash 2.0?”). I got caught in the original (though largely unacknowledged) tech crash in the 1988-1991 time frame and so was able to see (and avoid) what is largely (if incorrectly) termed the First Tech Crash that started a few months into 2000 (I believe Nasdaq peaked in March 2000).
This video, which manages to be clever, funny, and dead-on all at the same time, sums up other people’s fears about where we’re heading:
Hat tip to The Secret Diary of Steve Jobs (which also manages to be clever, funny, and dead-on all at the same time). ..bruce..
Category: Commentary, Economics, Humor, Information Technology, Main, Mashups, Pitfalls, Recession Watch, Video
About the Author (Author Profile)
Webster is Principal and Founder at Bruce F. Webster & Associates, as well as an Adjunct Professor of Computer Science at Brigham Young University. He works with organizations to help them with troubled or failed information technology (IT) projects. He has also worked in several dozen legal cases as a consultant and as a testifying expert, both in the United States and Japan. He can be reached at bwebster@bfwa.com, or you can follow him on Twitter as @bfwebster.Subscribe
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