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The Next Bubble – Don’t Get Fooled Again

Steve Blank

Bubbles are not new; we have had them for hundreds of years (the Tulip Mania , South Sea Company , Mississippi Company , etc.). Dr Jean-Paul Rodrigue , in the Department of Global Studies & Geography at Hofstra University, observed that bubbles have four phases; stealth, awareness, mania and blow-off. million in 2010 sales).