It’s official — we’re in a bubble

First we had Yelp as a sign of the apocalypse. Then the frightening rise of Michael Arrington and Om Malik. Now the GooTube deal. Note that Microsoft stayed clear of this. Why? Cause Bill may be evil, but he ain’t stupid. The technology underneath YouTube is trivial. Any of us could hack it together in a week. Bill is waiting. Let others go out and make mistakes. Then he’ll scoop in later and copy it. I’m starting to think we are heading toward another really ugly time.