But the bubbles are the moment when investors get more willing to invest in risky technologies. And if ever you want to create a great product, not just a good one, and to go global instead of national, you need those bubble investor’s money. (That incoming capital can make the difference between ebay.com and bursa.rol.ro, for instance)

But you’re right about the fools willing to spend: and it gets really annoying to see others speculating the bubble, getting giant profits from “bluf technologies” or “buzz-word” milkers. Blogs with 6-digit yearly revenues? While other resourceful and intelligent guys code extra hours like slaves for a fraction of this kind of money? This world is gone mad…

So, in the most mioritical kind of way, the least I can do is drool and dream over a piece of the action

Timing just means speculating the irrational exuberance of fools ready to throw away with the money. Building a good product means true value creation for customers ready to see, understand and pay for the benefits of it, hence rewarding you accordingly.