"Let's face it, we're skunk drunk and it's because of money. It's almost like we all need to enter Betty Ford Clinic 2.0 together. This time, it's not stock market money but private equity, M&A, VCs and to some degree the reckless abandonment of logic by some advertisers who are perpetuating what is sure to end badly when the economy turns. Hubris is back my friends."

Source : "Is the bottom about to fall out of Web 2.0?" by Jemima Kiss, www.theguardian.com. October 30, 2007.

Steve Rubel

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