Techno-News Blog

September 22, 2011

At TechCrunch Conference, Talk of a Bubble

Filed under: Uncategorized — admin @ 12:25 am

By NICK BILTON, New York Times

Curiously, the answer to the question of whether a new tech bubble existed was not determined by wealth or status, but rather age. People I spoke with who had experienced the first bubble in the late 1990s were convinced that we should be prepared for a large pop of biblical proportion. “It feels like it’s 1999 all over again,” said Stuart MacDonald, chief marketing officer of FreshBooks, an online billing and bookkeeping site for small businesses. “So many of these people who didn’t see it all happen the last time think this is all fresh and new, but it’s really a lot of people saying the same things.” Mr. MacDonald said he was the chief marketing officer for Expedia in the ’90s. “I just hope it ends differently this time,” he said.

http://bits.blogs.nytimes.com/2011/09/13/at-techcrunch-conference-gossip-and-talk-of-a-bubble/

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