As any reader of  Techmeme will know, there’s a wee bit of an investment bubble going on.

People paying silly money for a piece of the Web 2.0 action. Facebook, Y Combinator, Huffington Post, the usual suspects.

I’m not saying these are bad investments, that they’ve been valued too high.

I’m just saying that it reminds us all of something we’ve seen before.

All is vanity. Same as it ever was. And will ever be.

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I urge you to check out MacLeod’s website.

Also his two books, Ignore Everybody and Evil Plans.

Also, his art gallery from which brilliant works can be purchased at unreasonably reasonable (i.e. fair) prices.