Comment Bandwagon Jumping (Score 4) 168
If ever there were an unholy marriage, it was the frenzied coupling of venture capitalists and dotcom entrepeneurs. It had to end sometime, and now is a good a time as any.
Isn't it amazing that now the bubble has burst, the same pundits who predicted the "Long Boom" are just falling over themselves to declare that the past few years were an anomoly? Check out CNBC sometimes. You'll be amazed at all the analysts who "saw this one coming" and "knew that the bubble would burst." Like most talking heads, Katz has an amazing ability to leap from one speeding bandwagon to another.
