Assorted Bags of Smoke

http://www.suntimes.com/business/363986,CST-FIN-Net30.article

The only reason I posted this is because they are still calling it "return of the dot-com". The Internet crashed and burned on flimsy no-profit foundations in 2000/1. Todays next generation is doing its part to soak up the some of the world's excess liquidity with business concepts that involve arbitraging the cost of PPC traffic from Google or Yahoo against some form of "join-in" or eyeball value. The only difference is that this time around the company names are worse. That's one less thing to sell at the bankruptcy sale I suppose.  At least they're dot com's.  Special thanks to the investors for the millions in .com branding.

Comments

[julien]

frank,

i first came across this expression, "bags of smoke", in the long thread on TechCrunch where you had it out with Arrington. i had forgotten it til about yesterday. since then, though, I've used it about 10 times in relation to Web 2.0 (what i work in) and will probably use it many times in the future. i think it's a great way to picture and describe a lot of what happens on the web right now.

anyway, all this to say thanks (or whatever) for putting the phrase in my head. to conclude this randomness, tonight, I woke up randomly at 2:45am and was compelled to check if the .com was available... and it was. go figure. :)

cheers mate.