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Archive for September, 2007

Can you say “Bubble” ??

Posted September 14th, 2007 by Scott

Where would you invest your money these days? From Gigaom:

“We’re now at a point that business plans really don’t matter,” said VC Randy Komisar of Kleiner Perkins Caufield & Byers. “It’s an iterative process of quickly getting your ideas into the hands of others.”

Scary stuff.

When even the VC’s have their heads so far in the clouds that they think business plans have become irrelevant, it is probably time to take your money out of tech stocks and stick it under the bed.

Wait for the crash, then buy back in.

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