Ask HN: Bubble 2.0 - what lessons were learnt the first time around?

9 points

15 years ago

I'm increasingly reading reports that we're about to enter another period of gross over-valuation and increased speculative investing.

This article [1], describes a possible bid of $6-$8 million, for a web-service that hasn't even reached beta.

Assuming this kind of story is a warning sign, and we are approaching another period of lunacy; is it possible to glean anything from the last bubble? Were any lessons learnt? Do any of you have any advice for getting through this kind of scenario with the least amount of trauma?

[1] http://techcrunch.com/2011/02/02/hipster-groupon/

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