Dancing About Architecture: Microfeed for "New Economy? You Ain't Seen Nothin' Yet." http://www.burningdoor.com/eric/archives/001451.html Comments for the entry "New Economy? You Ain't Seen Nothin' Yet." en-us Movable Type v3.21 eric@burningdoor.com http://blogs.law.harvard.edu/tech/rss eric@burningdoor.com Fri, 07 Oct 2005 10:27:07 -06:00 This is a "Microfeed" that tracks the comments for one particular item on my blog. Comment from Rick Great article, and a bit contrarian at the time. Behavioral finance (and psychology) shows that we (especially venture capitalists and investment bankers) tend to extrapolate recent history. That is why 2 million Palm users were supposed to become 20 million.

I believe froth has returned. For every Feedburner, there are 40 very questionable companies. In normal times, that ratio would be much smaller. The thing that is so surprising about me is how many companies want to change consumer behavior. Whatever happened to solving my pain?

The world needs great entrepreneurs like you. But the graveyards will become crowded once again. This time, I believe the cycle will be shorter and the public markets will be much less likely to bail companies (and VCs) out. Rupert Murdoch and Barry Diller can only buy so many companies.

]]> 1451@http://www.burningdoor.com/eric/#c10121 Fri, 07 Oct 2005 10:27:07 -06:00 Comment from Eric Thanks for the comment, Rick. And now I know where your blog is! Subscribed.

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