The new New York bubble
Silicon Alley's feature coverage in this week's NYT Styles section (because it's too fun for the tech section) shows that the Alley is just like the Valley again — with all the requisite bubble signs:
Daily Candy wins "Most jackass self-evaluation" for its $100 million asking price. When the Times calls a 10-times-earnings sale price "a conservative multiple by technology industry standards," someone is either still living in the 90s or already privy to some pretty high-rolling deals.
Everyone's "learning from their mistakes" and "not getting caught in the hype" — and "seeing 37% growth a year."
Uses of "Mr.": 16. Uses of "Ms.": 1.
