Posted by: Rob Hof on January 18
Steve Rubel thinks so, based on the severe reaction to Yahoo’s earnings miss on Tuesday. Much as I see a lot of signs of a bubble, I think it’s a little early to call a crash. But aren’t you glad you didn’t buy Google at today’s closing price of $467? Oh, you did? Sorry. Looks like Yahoo’s sniffles are contagious. Don’t say we didn’t warn you.
You might find this interesting... http://www.alistapart.com/articles/web3point0
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An excerpt...
Steven, a young web wiz, has just celebrated his bar mitzvah. He received a dozen gifts and must write a dozen thank-you notes. Being webbish, he creates an on-line “Thank-You Note Generator.” Steven shows the site to his friends, who show it to their friends, and soon the site is getting traffic from recipients of all sorts of gifts, not just bar mitzvah stuff.
If Steven created the site with CGI and Perl and used tables for layout, this is the story of a boy who made a website for his own amusement, perhaps gaining social points in the process. He might even contribute to a SXSW Interactive panel.
But if Steven used AJAX and Ruby on Rails, Yahoo will pay millions and Tim O’Reilly will beg him to keynote.
:-)
Interesting juxtaposition with your immediately preceding post. But it is possible to be cool and be crashing at the same time.
Um, Web 2.0 never meant anything . . . other than to a bunch of bloggers. Everything is changing and it has a lot more to do with um (a bad word) convergence than AJAX, podcasting, etc.
BTW, Yahoo's stock decline is a great buying opportunity.
Isaac Newton...
BusinessWeek writers Peter Burrows, Cliff Edwards, Steve Hamm, Rob Hof, Olga Kharif, Steve Wildstrom, Aaron Ricadela, Douglas MacMillan, and Spencer Ante dig behind the headlines to analyze what’s really happening throughout the world of technology. One of the first mainstream media tech blogs, Tech Beat covers everything from tech bellwethers like Apple, Google, and Intel and emerging new leaders such as Facebook to new technologies, trends, and controversies.
