Per Steve Blank now in another bubble

Are we already in another internet bubble?

When you hear about potential multi billion offers for relatively new companies being turned down and when you read about valuations around some of the social networks it is hard not to believe that it’s bubble time again.

Now, perhaps when you’ve just lived through an awful property bubble, as we have in Ireland, you tend to be looking for bubbles.

However I think Steve Blank’s comments are well worth reading and considering.

Last time we had the major internet bubble we had lots of companies with losses. ┬áNow, we may actually have lots fo companies with profits – but how many of them are sustainable?

 

 

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Author: Barry OGorman

Barry O'Gorman is an independent business and IT consultant, based in Dublin, Ireland.

One thought on “Per Steve Blank now in another bubble”

  1. Hi Barry,

    Lots of talk about bubble all right – for sure the rules are different now – but the whole ‘Cloud’ buzz has got lots of large companies scrambling to get into the space. I hope we don’t have a repeat performance of 2000 … the global economy is shaky enough as it is!

    Did you read Steve Blank’s excellent business book – The 4 Steps to the Epiphany?

    -Ed Byrne

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