The Tech Bubble Is Now On Twitter

Monday, November 29th, 2010

Alexia Tsotsis works for TechCrunch as a writer. She attended the University of Southern California in Los Angeles, CA, majoring in Writing and Art, and moved to New York City shortly after graduation to work in the Media industry. After four years of living in New York and attending courses at New York University, she returned to Los Angeles... → Learn More

While it seems as though every other post we’ve written lately can be taken as evidence that Silicon Valley is currently in a very optimistic phase, “Facebook Now Worth $50 Billion In Secondary Trading” pretty much took the cake, until this one.

Perhaps a better marker of the “good times” tipping point than the rumored Groupon acquisition (AND the subsequent Groupon for Groupon spoof), the highly contested Tech Bubble of 2010 now has its own Twitter address at @the_tech_bubble. And judging by the timing of its first tweet, it looks like Mike’s astronomical Facebook valuation post inspired the account. In fact I’m not entirely convinced Arrington isn’t somehow behind this.

While there were plenty of snarky blogs during the early Web 2.0 era including uncov and Dead 2.0, I’ve never seen a bubble with its own Twitter account. Perhaps the account itself explained it best, “Of course I have a twitter account. Twitter wouldn’t exist without me.”

Hmmm. I see what you did just there.

Company: Twitter
Website: twitter.com
Launch Date: March 21, 2006
Funding: $1.16B

Twitter, founded by Jack Dorsey, Biz Stone, and Evan Williams in March 2006 (launched publicly in July 2006), is a social networking and micro-blogging service that allows users to post their latest updates. An update is limited by 140 characters and can be posted through three methods: web form, text message, or instant message. The company has been busy adding features to the product like Gmail import and search. They recently launched a new site section called “Explore” for...

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