free html hit counter Diller: Bubble Ho! | John Battelle's Search Blog

Diller: Bubble Ho!

By - February 10, 2004

The NY Post reports that Barry Diller, who built his company on cheap acquisitions during the Great Internet Nuclear Winter of 2001-2002, warns of a new internet bubble, based largely on valuations he’s seeing today. Diller really held back:
“We are on our way into a new bubble, and bubbles eventually get pricked,” Diller said. “This growth will also produce an endless number of brainless ideas, short-term greed, ridiculous valuations, investor speculation and all the other lovely horrors we’ve so quickly forgotten.”

(via Bloomberg)

Related Posts Plugin for WordPress, Blogger...

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>