Webs, Bubbles and Don’t Mention the War
March 29, 2006
BTW, don’t think for one minute that I’m down on Web 2.0 stuff from my GETV post. I’m a Flickr addict, Del.icio.us user, Technorati member, Digger, Gmail user, blogger, etc. The technology is great, the ideas are cool and work and the buzz is really something.
However, I loathe the unoriginal, so I don’t appreciate the copycat efforts and you see a lot of them scrolling down your TechCrunch feed. Putting a twist on an existing theme is great, improving something likewise, but it has to be original, better and all that.
On the Bubble 2.0 aspect, I don’t think it will be like the Dotcom crash but there is the risk that billions will be poured into things that will bomb and that it will damage the entire tech industry and US economy as it did before, with big consequences for everyone, even little old me.
I need the US economy to do well because I make all my sales in US Dollars and the current US deficit is making the dollar worth much less than I’d imagined possible when I started out. Even now, what I get paid for a copy of my software can vary by 15% over the course of a few months.
A chart of my own unit sales would only fully make sense set against a chart like this, so it doesn’t matter how many copies I sell as much as the amount I actually get for those sales. I try to alleviate this by doing things like hosting my website in the US, so my costs rise and fall with the exchange rate.
The dollar is worth 25% less now than when I quit my job and it has been as bad as 30%. I hope things pick up, but given the size of the US deficit that is only going to happen if the Pound weakens… and it’s heading that direction, but that’s not good for me here. With my feet on both continents will I ever win?