lerix

i really like that ttagg.com startup. I think it's the best one out of the bunch listed so far

thank you, really appreciate the insights.

can you FB like it if you find it useful ? =)

thank you

DM5 is crazy good.

The bottom line is that if the company is a solid proof of success, no matter how hard the storm hits it, it will survive the hurricane and reap more harvest than ever. If the company lacks solid foundation, and poorly executes, then it will be wiped out by the rain, resulting in “liquidation”. The biggest difference the bubble makes is putting more players into the game, providing more opportunities for entrepreneurs to create something outstanding that the world can benefit from.

Economists might argue that these poor investments will greatly affect the economy; after all there is a trickledown effect in every financial sector. But Keynes boom-and-bust cycle is not just some theory that can be eliminated with caution. The roots of the boom-and-bust cycle engraved within human nature, and unless we alter the behaviors of all the participants in the economy, and wipe out the concept of greed, preventing this cycle is almost impossible. Thus instead of preventing such cycle, why not let the true entrepreneurs take their innovation to the next level with the boost from the market, and give them the opportunity to change the world, and turn it into a better place? If the bubble can harness more innovation for the world, why is it a bad thing?

(this is the final passage from my blog @ http://milogao.tumblr.com/)