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A comment on We’re In The Middle Of A Terrible Blubble. Parent comment

Re:We’re In The Middle Of A Terrible Blubble by cabalamat on Sunday April 24, 2011 @09:10AM (#2478793)
> Name a company in this "bubble" that has wasted $100 Million dollars like Boo.com or pets.com or $50 Million like flooz without producing even 1% of that in revenue.

Color got $41 million, which is almost at your limit.

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Re:We’re In The Middle Of A Terrible Blubble by PakG1 on Sunday April 24, 2011 @11:09AM (#2478953)
Not a fair statement. They haven't wasted it yet. The only just got it. You can't expect them to be making money straight out of the gate, especially when their product's only just became version 1.0.
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Re:We’re In The Middle Of A Terrible Blubble by waterlesscloud on Sunday April 24, 2011 @11:39AM (#2479021)
At least so far it's just VC money that will be wasted in this bubble. Money from people whose job it is to invest properly, so if they lose it all it's quite literally their own fault.

It's not a giant wealth transfer scheme from Main Street to Wall Street like the last bubble. Not yet, anyway.

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Re:We’re In The Middle Of A Terrible Blubble by Vivtek on Sunday April 24, 2011 @12:02PM (#2479061)
No, we have more efficient mechanisms for that now.
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