I disagree. There were quite a few dot-coms that could have been successful had they IPO'ed before the crash, and additional dot-coms that should have never been acquired, yet because of such an acquisition, allowed the ownership of the Dallas Mavericks.

The burst will not be as devastating simply because not as many people are directly involved.

I am still using eBay and Amazon, and even Yahoo is still around (which acquired Viaweb).

Do you honestly think Twitter is worth $8 billion dollars without a business model?

Please, read this book:

http://www.amazon.com/Exit-Strategy-Douglas-Rushkoff/dp/1887...

Reads like a bad version of Douglas Rushkoff's Exit Strategy.

http://www.amazon.com/Exit-Strategy-Douglas-Rushkoff/dp/1887...