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Two Words: Demand Media

You have an entire company that is based on gaming google that ready to be publicly traded. And next you have AOL buying the Huffington Post which is designed to cheat actual newspapers out of pageviews — something that Google could change in a minute. I was around for the original dot.com bomb and this smells exactly the same.

The winners will be the companies who survive: My bet is on Facebook. But I'm not sure that I'd bet on Groupon or Twitter. By the way what makes Facebook special isn't the technology but the team.



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