Monday, May 02, 2005

Bubble Indicators: Ferrari Sales in SV: "You know you are in a bubble when Ferrari opens a new dealership in Redwood City. There is nothing like a $200,000 Ferrari to go with your freshly minted dollars, the dollars you just generated by flipping your latest start-up to say a Yahoo, Google or even Microsoft. If signs of SV optimism are directly correlated with Ferrari sales, then we are in for a nice ride ... pun intended. " —Om Malik via Ross Mayfield