Web 2.0 & the Economy: It’s Different This Time, Part 2

In the past month, there have been a plethora of doom and gloom articles about web 2.0, Silicon Valley, the economy, and start-ups. In this series, I address some of the major concerns, arguing that perhaps the negativity is not all warranted. Part 1 From…

Why the Web 2.0/Tech 2.0 ‘Bubble’ Refuses to Burst

In agreement with Marc Andreessen, there probably won’t be a web 2.0 correction for a long time. Right now we have interest rates still at zero, and there is so liquidity in the world right now, so much wealth. Every time web 2.0 is supposed…

Snapchat’s Huge Windfall : The State of Web 2.0

Looks like my 2014 prediction of Snapchat, originally valued at $4 billion, being worth $30 billion by 2016 is coming true. This talk of bubbles reminds me of 2007 when everyone, including all the experts, was certain Facebook was a bubble at a valuation of…

Capital in the Twenty-First Century analysis

The main thesis of Capital in the Twenty-First Century by French economist Thomas Piketty is that wealth inequality arises from capital growing faster the economic growth, summarized succinctly by his famous equation r>g. Piketty bases his argument on a formula that relates the rate of…

Predictions for 2018

Bitcoin & crypto currencies: have likely topped out. A $600 billion dollar market cap (Bitcoin + alt-coins) is just obscene, even for a someone such as myself who has been bullish on Bitcoin as early as 2013. A $300 billion market cap for Bitcoin is…