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Nov 19 2007   3:33PM GMT

Overheard: There is too a Web 2.0 bubble

Margaret Rouse Margaret Rouse Profile: Margaret Rouse

steverubel.jpg “Let’s face it, we’re skunk drunk and it’s because of money. It’s almost like we all need to enter Betty Ford Clinic 2.0 together. This time, it’s not stock market money but private equity, M&A, VCs and to some degree the reckless abandonment of logic by some advertisers who are perpetuating what is sure to end badly when the economy turns.”

Steve Rubel, The Web 2.0 World is Skunk Drunk on Its Own Kool-Aid

Finally, somebody is saying it out loud.  Thanks Mr. Steve Rubel!

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