Is it Bubble Time?
The rate of odd-looking start-ups, too, is on the rise. One called Startup Schwag exists solely to deliver a monthly package of T-shirts and other goodies bearing logos of other tech start-ups. Rapper MC Hammer, known for 1990s hits like “U Can’t Touch This” and a 1996 bankruptcy filing, is chief strategy officer of an online-video start-up called DanceJam. PlaySpan Inc., a Web-gaming outfit that raised $6.5 million, boasted on its Web site that it had been founded by a fifth-grader.
–Rebecca Buckman and Kevin Delaney, “As Tech Heats Up, Sages Dust Off Bubble Indicators”, Wall Street Journal, October 9, 2007
Posted in Economics on Mon Oct 8, 2007 at 9:57 pm by alex | Leave a comment




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