The Bubble and the Reckoning

Those who wonder if Silicon Valley’s economy is about to implode entirely should note the the Mercury News’ annual Silicon Valley 150 survey. While there’s quite a hangover from the party, the top companies in the valley remain basically healthy — provided people don’t completely panic at this point.

What have we learned in this debacle? For one thing, history is not bunk, I suggest in a special column today.

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