Sunday, August 12, 2007
Internet scams growing
There have been two big Internet "deal" almost-scams in the last two weeks now:
The VMWare IPO that's coming up this week is not quite in the same league, considering that the company is highly profitable and growing fast etc. But virtualization is having its day and the technology is pretty much at the peak of its hype curve and there is nowhere to go but down.
I hope the subprime snowball will quickly destroy all this dot-comish behavior returning to the tech world.
Link
- First there was this company called Accoona announcing its widely-criticized, mostly bogus IPO
- Michael Arrington asks today on TechCrunch whether Glam, supposedly a fast-growing women's website is a sham; the answer, mostly, is yes
The VMWare IPO that's coming up this week is not quite in the same league, considering that the company is highly profitable and growing fast etc. But virtualization is having its day and the technology is pretty much at the peak of its hype curve and there is nowhere to go but down.
I hope the subprime snowball will quickly destroy all this dot-comish behavior returning to the tech world.
Link
