Comments on: Why the Tech Crash May Have Been a Good Thing

By: SaaS in Nappies | CloudAve

SaaS in Nappies | CloudAve — Tue, 11 Nov 2008 22:33:12 +0000

[...] they are hurting, think about how the SaaS market could benefit from this perfect storm (I said it, Gigaom said it, Zoli said it). You have a fantastic opportunity to win SaaS Greenfield customers here, [...]

By: Why the Tech Crash May Have Been a Good Thing | Kevin Kelleher | Voices | AllThingsD

Mon, 03 Nov 2008 08:05:04 +0000

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By: ol' yeller

ol' yeller — Sat, 01 Nov 2008 18:47:13 +0000

This sounds prematurely self-congratulatory to me.

I see a swarm of web 2.0 and mobile feature companies without defensible technology or user bases. Most of these companies can be quickly made irrelevant by much larger companies like AT&T, Apple, Google, Microsoft once any given feature they are trying to build a company around is proven using VC money. What does Apple do when they see a feature they like? They build it themselves.

Of course there are still many great start-ups out there, but clearing out the chaff will involve some pain.

By: thetechnutz

thetechnutz — Fri, 31 Oct 2008 20:59:36 +0000

Very nice point I agree. Things were drastically over priced or overvalued. On the flip it has allowed for some companies to have a new found great value. Like Apple, it is a bargain at the high 90s lower 100s, considering they have $25 billion in cash in the bank and no debt.

http://thetechnutz.wordpress.com/

By: Kevin Kelleher

Kevin Kelleher — Fri, 31 Oct 2008 17:38:47 +0000

@Hugh: Thanks for the memories.

@Chris: I guess it comes down to your definition of a bubble. I think it means a mix of excess liquidity and a large-scale herd mentality creating a frenzy of speculative and senseless buying. I haven’t seen much of that this past month.

By: Chris

Chris — Fri, 31 Oct 2008 17:16:21 +0000

I don’t know why people keep saying there’s no tech bubble. We still have overvalued companies with sizeable investments that are seeing little profit gains if any at all. Hell, many web 2.0 companies have no revenue strategy to speak of. Even the guys at the top are still in search of sustainable models.

To me, that’s a bubble. The cash flow won’t last forever. What happens when the cash flow stops, and these companies still have no sustainable revenue streams?

By: Ninja

Ninja — Fri, 31 Oct 2008 16:54:07 +0000

@Kevin: you have put it very nicely. Because of the tech crash, silicon valley is much more rational than wall street.

By: Why the Tech Crash May Have Been a Good Thing

Why the Tech Crash May Have Been a Good Thing — Fri, 31 Oct 2008 16:50:26 +0000

[...] Originally posted here: Why the Tech Crash May Have Been a Good Thing [...]

By: The Ripper

The Ripper — Fri, 31 Oct 2008 16:23:01 +0000

overvalued

By: Hugh J. Sloan III

Hugh J. Sloan III — Fri, 31 Oct 2008 15:43:03 +0000

Om:

Allow me to share some of my memories:

Trophy-wife candidates bringing their resumes to coffee at the Sundeck with references including the Dalai Lama and cannabis-enlightend EST leaders from Marin.

Neighbors in Los Altos running to put the Fore Sale signs on their house when their AMT bills approached the GDP of small banana republics.

Associates being promoted en masse at the top litigation firms and Larry Sonsini having the time to actually return calls. (I highly recommend WSGR)

Farzad at Niku showing me his NASDAQ photos on IPO day.

Kind regards,

Hugh J. Sloan III