Comments on: The Biggest Bubble There Ever Was http://www.watblog.com/2008/04/17/the-biggest-bubble-there-ever-was/ The Refreshing Blog on Web, Advertising and Technology in India! Thu, 08 Jan 2009 18:16:42 +0000 http://wordpress.org/?v=2.5.1 By: Ankit Saxena http://www.watblog.com/2008/04/17/the-biggest-bubble-there-ever-was/#comment-4745 Ankit Saxena Thu, 17 Apr 2008 09:27:28 +0000 http://www.watblog.com/2008/04/17/the-biggest-bubble-there-ever-was/#comment-4745 Harshil.Would like to see more on these lines.However, I would like to say that not only in the Internet industry, in any industry this is a similar cycle. Remember <a href="http://en.wikipedia.org/wiki/Iridium_(satellite)" rel="nofollow">Iridium</a> ?Although it was single project, the scale itself was enough to call it a bubble. But frankly speaking, do you think there is a way out? I mean, we <i>have to</i> keep trusting the newer innovations. We <i>have to</i> keep expecting more from newer applications and discoveries. And with newer (and yes, <i>higher</i>) expectations, will come an attached higher (notional) value. There is no escaping this. So, ultimately, we <i>might</i> find out that <a href="http://www.watblog.com/2007/10/26/5-reasons-why-microsoft-bought-16-of-facebook-for-240m/" rel="nofollow">Facebook is not worth $15 billion</a>, but then, something else would.I would be interested to read about the signs that a particular technology/platform/business is moving towards <i>Bubble</i>dom (or Bubblegum!) rather than a judgmental post (which, this even one was <i>not</i>). Waiting to see your views on this whole scene. Harshil.Would like to see more on these lines.However, I would like to say that not only in the Internet industry, in any industry this is a similar cycle. Remember Iridium ?Although it was single project, the scale itself was enough to call it a bubble. But frankly speaking, do you think there is a way out? I mean, we have to keep trusting the newer innovations. We have to keep expecting more from newer applications and discoveries. And with newer (and yes, higher) expectations, will come an attached higher (notional) value. There is no escaping this. So, ultimately, we might find out that Facebook is not worth $15 billion, but then, something else would.I would be interested to read about the signs that a particular technology/platform/business is moving towards Bubbledom (or Bubblegum!) rather than a judgmental post (which, this even one was not). Waiting to see your views on this whole scene.

]]> By: Harshil Karia http://www.watblog.com/2008/04/17/the-biggest-bubble-there-ever-was/#comment-4732 Harshil Karia Thu, 17 Apr 2008 04:23:49 +0000 http://www.watblog.com/2008/04/17/the-biggest-bubble-there-ever-was/#comment-4732 Ahh - haha i actually meant between a 100 as in Rs. 100 and a trillion as in Rs. 1 trillion almost seems miniscule because we as a population are now so used to superlatives :) Ahh - haha i actually meant between a 100 as in Rs. 100 and a trillion as in Rs. 1 trillion almost seems miniscule because we as a population are now so used to superlatives :)

]]> By: Pratham http://www.watblog.com/2008/04/17/the-biggest-bubble-there-ever-was/#comment-4731 Pratham Thu, 17 Apr 2008 04:20:27 +0000 http://www.watblog.com/2008/04/17/the-biggest-bubble-there-ever-was/#comment-4731 > ".. the way we use the word ‘billion’ and ‘trillion’ so loosely. It makes the difference between a 100 and a Billion look so miniscule" A trillion is a 1000 billion :) > “.. the way we use the word ‘billion’ and ‘trillion’ so loosely. It makes the difference between a 100 and a Billion look so miniscule”

A trillion is a 1000 billion :)

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