Is this the start of the second dotcom bubble?

Here's a very interesting article from the Guardian.co.uk. It's looking at the possibility that another dotcom bubble will happen. Analysts are looking at the similarities that are happening with today's influx of online entrepreneurs with what happened in the late 90s. I am actually leaning that another bubble will happen. I feel that start-ups or even some established companies are over valued. Some companies as stated in the article have gotten millions of dollars of start-up money even just on potential alone.

I believe that those who play their cards right and have actual goods or services to sell will come out the winners. New social media communities would have a hard time competing with the more established ones like Facebook and Twitter. The idea as probably how to work with these platforms and find ways to milk money out of their users.

It won't be as bad as the first bubble but busts will definitely be there.

You can read the article here.

Here's another article written 10 years after the dotcom bubble burst. It says that it is possible that it can happen again.

Link to article.