David Kirkpatrick of Fortune says that the current excitement in tech is a boom, not a bubble, and is therefore built on more sustainable foundations.
I'm not smart enough to comment either way, but taking David's word for it, then what the future holds will be mass consolidation of these many new disparate Net companies. Some will get acquired by larger companies and some will go out-of-business, but if it is indeed a sustainable innovation boom that we are witnessing, then those companies that remain will have to merge or gobble-up smaller companies in order to grow and become more competitive.
That would be interesting....
Fast Forward: The new Net boom - Mar. 17, 2006
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