Next bubble: Web 2.0 startups

Is Twitters valuation a sign of a bubble? Is there a bubble in web2.0 startups? A sampling of the 25 smartest angel investors(aka smart money!) Ron Conway makes some very interesting points on what to expect and some of the side-effects of google's rich which we are going to unfortunately see in the next round of createive destruction...not many will be left with their pants on...thats for sure!

Why you MUST never short based on valuation

A lesson from the master investor's trade book Whitney Tilson(St Joe and Netflix) - read more here : Whitney Tilson shareholder letter

As one poster Ananthan Thangavel(response to netflix short sellers) on gurufocus put it, 

"Quite simply, valuation shorts should NEVER be entered." 

Illegal immigration: indians from mexico into the US, hilarious!

As with all wave of immigrants in the past, this is unsurprising. But, the devices used is quite shocking and unsettling. This is a first in the book of any indian immigrant - claiming asylum in the name of religious persecution. Indians, in the past, used fake marriages, degrees, experience to enter the land of opportunities. This is a departure from the normal...for the worse.

Link to the story