Walking around in the world of internet entrepreneurship you’ll begin to see things in the current web world that look like 1999/2000  (aburd valuation of some firms and everybody runnig after the same deals).

The only big difference is that people who are now in this space have:

• Seen the last bubble (most of us)
• Were involved in a company that crashed (stressful and fun)
• Were involved in a company that did not crash (great but seldom)
• or were saying I told you so (dads)

And that means that we entrepreneurs as the VC’s are more careful and scrutinized, and that will mean that the base will be more solid, hence no bubble… I like to believe that. Anyway, some people take doomthinking to a more creative level: Check this: this is hilarious:

[youtube]http://www.youtube.com/watch?v=I6IQ_FOCE6I[/youtube]