TalentZoo.com |  Flack Me |  Digital Pivot |  Beneath the Brand Archives  |  Categories
New Tech Bust Coming, Says InfoWorld
By: Doug Bedell
Bookmark and Share Subscribe to the Flack Me RSS Feed Share
Facebook's deal to buy Instagram — "a startup with 13 employees" — for $1 billion is a sign that a new tech bubble is fixin' to burst, advises Bill Snyder on an InfoWorld blog. That's a truly frightening prediction, considering the harm the tech bubble of the '90s did when it popped. "...the last time we saw this pattern, the entire tech economy blew up along with the dot-coms, and thousands of people in IT (and elsewhere) lost their jobs. It's going to happen again," Snyder warns. 

"(and elsewhere)" can well include PR firms. So batten down the hatches for a new tech strom that increasing numbers of commentators feel is coming. Sorry to spoil your weekends. 


Bookmark and Share Subscribe to the Flack Me RSS Feed Share
blog comments powered by Disqus
About the Author
Doug Bedell has a background in journalism and PR and is the owner of Resource Relations LLC in Central PA, focusing on organizational and crisis communication. He’s the community manager of SimplyFair.net, a social network on fairness. On the Web, Doug’s at www.ResourceRelations.com. On Twitter, he’s @DougBeetle.
Beyond Madison Avenue on

Advertise on Beyond Madison Avenue
Return to Top