Scott Rosenberg says that a new Internet bubble is in full swing, based on his observations at Web 2.0. I definitely think we’re already in the “throw the bad money after the good” phase of investing in “Web 2.0” companies. And once again, it sure looks like another bubble will pass by without my walking away with filthy lucre. So it goes.
Update: $25 million for Weblogs, Inc. Need I say more?