Snapchat’s valuation has now eclipsed $30 billion on its second day of trading (in agreement with my prediction in June 2014)…yet so many pundits got it wrong. But not just for Snapchat, but also Uber, Facebook, Google, Dropbox, Pinterest, AirBnB, Amazon, and many more. I’ve been reading predictions of a Web 2.0 bubble burst since… Continue reading Crying Wolf: Holding the Pundits and Media Accountable for Being Wrong about Snapchat and Web 2.0
Results for "web 2.0"
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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 Amerika.org: The coming dot-com 3.0 collapse: Google, Apple, Facebook, Amazon… Continue reading Web 2.0 & the Economy: It’s Different This Time, Part 2
The Daily View: #pissforequality Hoax, Expatriated Cash, Unions Need More Money, Huge Web 2.0 Salaries
NSFW Feminists Fall For #PissForEquality Hoax According to Right Wing News, a few n’er do wellers on 4chan had a brilliant idea: see if they could convince people to, “publicly piss/sh*t their pants in the name of ‘Equality?’” Site likes 4chan are leading the post-2013 SJW backlash, with great success as thousands – maybe millions… Continue reading The Daily View: #pissforequality Hoax, Expatriated Cash, Unions Need More Money, Huge Web 2.0 Salaries
The Daily View: Teaching Kids to Code; Pinterest & Web 2.0; GOP Debate
From AVC: Computer Science For All Yesterday Mayor de Blasio announced Computer Science For All which is a ten year effort to train 4,775 NYC public school teachers on the fundamentals of computer science and how to teach it to their students. The goal of Computer Science For All is to have computer science teachers… Continue reading The Daily View: Teaching Kids to Code; Pinterest & Web 2.0; GOP Debate
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 to burst, such as in 2012 following Facebook’s unspectacular IPO,… Continue reading Why the Web 2.0/Tech 2.0 ‘Bubble’ Refuses to Burst
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 $15 billion after Microsoft invested; now it’s worth $200+ billion.… Continue reading Snapchat’s Huge Windfall : The State of Web 2.0
Another Quarter of Blow-Out Tech Earnings: Not worried about “tech bubble 2.0”
The ‘HBD bull market‘ keeps making new highs, lead by yet another quarter of blowout earnings by Google, Amazon, Microsoft (and soon to be Facebook). The S&P 500 closed at yet another record high (and same for the Nasdaq 100): On July 2017, I wrote that Amazon stock would keep going up and that it… Continue reading Another Quarter of Blow-Out Tech Earnings: Not worried about “tech bubble 2.0”
GameStop stock rally proves media wrong, again
The media for the past decade has been trying to call the top of everything, whether it is stocks, bonds, the U.S. economy, etc. It was supposed to be that Trump would doom the U.S. economy, which didn’t happen (even with Covid, which was out of Trump’s control, the stock market and U.S. economy boomed… Continue reading GameStop stock rally proves media wrong, again
The Question of Collapse
A question or topic of discussion that comes up a lot in the intellectual-web (such as high-IQ Reddit subs and blogs is) is, has American society collapsed and or is dying? This is a difficult to answer, as there’s evidence either way. America is collapsing yet simultaneously booming, depending where you look. There is evidence… Continue reading The Question of Collapse
Innovation and economic stimulus can coexist
I agree with everything in the video except the false dichotomy Musk presents between spending vs. innovation. As the above Elon Musk clip shows, libertarian-leaning pundits create this false dichotomy that one much choose between social spending or the private sector–and or–that former comes at the cost of the later. But, in reality and practice,… Continue reading Innovation and economic stimulus can coexist