Posted by Gregg at 10:08 AM in Thoughts

Admit it - wasn't there a moment sometime in 1999 that you believed the market could sustain it's ridiculous valuation? Didn't you throw all you knew about business out the window to make sense of a company valued at 1000 X revenue? I did. A lot of smart investors I knew did. So did scores of investment professionals. Maybe we've learned something after the two year hangover we've all lived through. more

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Posted by Gregg at 10:16 AM in Information Industry

Score another one for the Internet. Howard Dean became the early front runner but has since fizzled once we've had the chance to look under the covers. The internet creates instant buzz with the appearance of credibility because of its inherent ability to easily publish and reach a large number of people quickly. However, Dean's rise and now, all but complete, fall is reminiscent of other internet fueled memes. Remember eToys, WebVan, Jonathan Lebed and Razorfish - all beneficiaries of the speed and hype of the net but lacking the staying power required for the long haul. Watch out when the RNC wakes up! more

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