Web 2.0

Looks like the Internet bubble from 1999-2000 is back, and I’m not the only one thinking so . Yet, since I wasn’t at all prepared, chances are I won’t get any profit from it.
But I’m an optimist: if it only took 6 years for the bubble to come back (huge profits with medium efforts, billions of dollars for 2-3 year’s amount of work), then maybe the next bubble will come back before I get 30. And then, finally, my dream of being a millionaire before 30 will get true. Youpie!
Gee.. I’m one top dreamer… :)

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Articole inrudite

Articol scris de alexbrie pe October 9, 2005 la ora 4:06 am in categoriile: Just blogging, Web and tagged .
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3 comentarii

  1. dragos
    Publicat October 9, 2005 la 1:46 pm | Permalink

    dude, timing is not as important for becoming a millionaire. Building a good product is.

    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.

  2. Alex
    Publicat October 9, 2005 la 3:12 pm | Permalink

    Yes, Dragos, you are right, off course. A great product could get you rich even without the bubbles.

    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 :)

  3. Andrei Ignat
    Publicat October 9, 2005 la 8:37 pm | Permalink

    Good luck to you (and to me!;-))

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