| I think it goes back to the learnings from the original tech bubble: companies with a real business plan survive, those with a nebulous product don't make it. For example: Amazon was a rising star during the late-90s tech bubble, and it's still around today. And it's very much a player in the tech space. How many of us use AWS? Google has a solid business platform and has definitely made it by all measures. Netflix is another example. Good product, has upset the industry, sky's the limit type stuff. Could all of these golden companies fail? Absolutely. For example, look at Microsoft right now - they are still innovating in some spaces, but really struggling in others. Will they go the way of IBM? (Hey, I hope so, but let's not start dreaming now). Then there's Facebook and Twitter - arguably the stars of the current tech bubble. Are they worth what people say they are? Really depends on what happens over the next few years. Both are definitely becoming platforms that people do all kinds of interesting things on. But at the same time, people could get tired of social networking. (That's my personal bias shining through). So...it's a bubble for some and not for others. |