Its been a fast paced week. On Monday morning I had 3 separate VC’s contact me and pitch me their firms/banks before it was even lunch time! I was also contacted by 7 or 8 new adnetworks in the past 2 weeks not even out of beta! Personally I wouldn’t trust a company with more then $50,000 a month in advertising revenue unless they have at least 2 or 3 years operating history, all these fly by night companies are here one day and gone the next.
On top of the deluge of emails from people seeking to get rich off my massive user base I see other companies like b5 media getting funding. Starts to remind me of the last bubble where I saw bar tenders become project managers in a matter of weeks. Although with b5 media journalists becoming executives at a blog network is probably a good thing. But it reminded me of a trend in the last bubble where people who know nothing about computers or programming were rushing into companies and taking executive positions.
The other trend i’ve been noticing is companies stocking up on people. Does digg really need 15 people? If i can create a system by myself to serve 20 million dynamic pageviews a day on plentyoffish using a single web server and 1 database server why does digg need 30+ servers to serve 8 million pages/day that take little to no resources to create?
What is everyone else seeing? Are other people seeing people who have little to no computer background starting to take more and more management positions?