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It's the Financial Times' turn to run another Bubble Watch piece ("the trend story that never was"). Two writers and a third doing "additional reporting" fail to turn up little insight, even with the willing, quotable help of super-VC Steve Jurvetson.

The usual talking points:

  • It's not a bubble, it's a boom.
  • No one's going public. Everybody flips (—which would make a good Mr. Rogers book. "Everybody Flips").
  • Every day, in every way, we're getting better and better.

New, hard-to-swallow talking points:

  • The founder of an old teen social site ( knows something about a successful start-up.

Hunt for new media darling hints at bubble [FT]