#1 natural limit of web economy? Land!

May 25th, 2012 Comments Off on #1 natural limit of web economy? Land!

Geeks live their lives peacefully in the online world most of the time, but every now and then reality hits us on our heads – this article beautifully outlines how old-fashioned housing legislation in silicon valley is limiting the ability of online business to grow.

Too hot for jobs

THE financial press went ape this week over the highly anticipated IPO of one Facebook, the Harvard social network turned $100 billion phenomenon. Facebook’s soaring valuation has focused attention on a Silicon Valley that is once again booming, and it has led many to wonder whether social networking isn’t inflating into yet another tech bubble.

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via: www.economist.com

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