Tuesday, May 02, 2006

Angel Investors -- Save us from the bubble!

For the past year or so, I've heard countless experts and analysts talk about the return of the internet bubble (Gasp!). They say that the stocks and valuations of technology companies are way too high and the whole thing is going to come crumbling down as soon as we all wake up and smell the coffee.

As a shareholder in a promising internet company, I fear the bubble. The last thing I want is to see the hard work of internet cowboys everywhere go to pot.

The burden of preventing the bubble from forming, growing and bursting rests partially on the shoulders of angel investors and VC's. As long as they continue to give reasonable valuations, the bubble stays safely full but not over-inflated. If they let things get out of hand, we can all consider ourselves Netscaped (read dead).

So to all of you angel investors out there: Please don't over-pay for internet companies. Don't let the Google/MySpace/YouTube excitement cloud good judgment. If you let things get out of hand, you lose money and our hard work becomes worthless.


Anonymous Chris Knudsen said...

Dude, embrace the bubble! Its all economics.

3:52 PM  

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