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The Social Networking Bubble.
Tech bubbles happen, writes BW’s Ashlee Vance, but we usually gain from the innovation left behind.This one driven by social networking could leave us empty-handed. As a 23-year-old math genius one year out of Harvard, Jeff Hammerbacher arrived at Facebook when the company was still in its infancy. This was in April 2006, and Mark Zuckerberg gave Hammerbacher—one of Facebook’s first 100 employees—the lofty title of research scientist and put him to work analyzing how people used the social networking service.
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