Of legwarmers and the Bubble 2.0

August 17, 2006 at 3:47 pm 1 comment

The day I saw a girl wearing legwarmers with no sense of irony , I knew that we are all destined to repeat the same mistakes – over and over again. As fashions begin to ebb, we all wonder how we could ever have worn them and vow never to do it again. But then the memory and the mortification fades and a few years later we find ourselves once again sporting tight jeans tucked into boots, big belts, baggy off-the-shoulder numbers and … legwarmers.

Point being? Just like we’ve forgotten how awful 80s fashions were, it seems to me that we’ve also forgotten the hard lessons learned during the most recent downturn. BusinessWeek is featuring under-age Internet entrepreneurs on its front cover, Silicon Valley is a-buzz with talk of Web 2.0 start-ups, and TechCrunch is partying like it’s 1999. Haven’t we been through this before? I seem to remember that it ended badly… or am I just a crazy naysayer?


Entry filed under: Media, The technology biz, Web 2.0.

Insulating the population Enough already!

1 Comment Add your own

  • 1. LIz  |  August 29, 2006 at 12:27 pm

    You’re not just a crazy naysayer. I myself was sickened by the sight of those prepubescent-looking entrepreneurs featured in BusinessWeek. Everyone seems to be jumping on the bandwagon again, forgetting how ephemeral Web success can be if there is no actual — not virtual — cash being made. I guess we’ll just have to hunker down and wait it out, and save our “I told you so’s” for later.


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