The smarty-pants good-news purveyors who have been touting the inevitable triumph of the supposed new economy would do well to take some lessons from what happened to LinkedIn share value on Friday.
As in 40% of market cap done gone... in one day!
LinkedIn today, Facebook tomorrow, Alphabet the day after?
The crazy thing about disruptive technology is it keeps disrupting.
You never know what it's going to disrupt next...