A one off? Or is the second dot-com bubble about to burst?

[vetran]

I follow a few local start up networks, there seems to be loads of small companies around that have written a mobile app to do the most basic thing and who have been given funding. No chance of profit.

yeah but a good living for the people running it.

[minestrone]

I follow a few local start up networks, there seems to be loads of small companies around that have written a mobile app to do the most basic thing and who have been given funding. No chance of profit.

[AtW]

Talking of which how is AtW getting on?

Too busy working.

HTH

[dogzilla]

Anyone who has been following the Zynga story will tell you.... their entire valuation was a bunch of horse tulip. They went from nothing to $billion or whatever it is practically within a year.

This is a bubble, a mini bubble which is gonna hurt lots of mugs. If you invested in Zynga wtf were you thinking.

[fullyautomatix]

How long would anybody want to do virtual farming ? Wasnt it also listed on teh stock market recently ?

Edit: Also layoffs announced in the middle of Ipad Mini launch, clever strategy!

[Cliphead]

Farmville Apocalypse: could Zynga layoffs mark the beginning of the second dotcom crash? – Telegraph Blogs

At least Cliphead will stop moaning on facebook about too many farmville requests.....

Every feckin ville

Can't come quick enough.

[DodgyAgent]

"Their revenue stream is basically investors' money"

Oh Dear

Talking of which how is AtW getting on?

[BrilloPad]

Farmville Apocalypse: could Zynga layoffs mark the beginning of the second dotcom crash? – Telegraph Blogs

At least Cliphead will stop moaning on facebook about too many farmville requests.....