Friday, April 20, 2007

Tonight I’m going to Party

Boom, boom. Dotcoms are back in the frame

The networking event that brought together the young entrepreneurs and venture capitalists who drove the dotcom boom to such dizzying heights is back. Named with a coy nod to its predecessor First Tuesday, Second Chance Tuesday attracts a heaving crowd of entrepreneurs, breathlessly pitching their ideas to anyone who will listen. Each quarter they gather, brimming with enthusiasm, desperately seeking the one big deal that will make them rich. Only the strongest survive. It is just one of a string of signs that dotcom mania is making a comeback.

Posted by lvmreader @ 03:44 PM (642 views)
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5 thoughts on “Tonight I’m going to Party

  • This is indicative of people fleeing for exits in asset markets.

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  • ……..like it’s 1999?

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  • There is so much liquidity flushing about at the moment we should see more of this as some bubbles burst and others are pumped up, the whole world is drowning in money causing it’s eventual destruction as it losses whatever value it had.

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  • lvmreader – good pun!

    Yes 1999 to a tea – stupid money for internet companies that don’t make anything – just branding at best.

    I’m being a bit olde fogey but You Tube, MySpace and the others have peaked – look at Friends Reunited – the’ve branched out into allsorts of strange spin offs – they will carry on – but won’t be much money to be made – people like free – look at hotmail!!

    Perhaps i’m wrong.

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  • Nearly30, you are wrong. The new idea websites offer new free services to get loads of people to the site. But if you click on a banner on that site and then purchase whatever the banner offers, the owners of the site you were on get a commission. Web site traffic and banner-based commission is everything to these people. Hotmail makes a killing.

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