Little companies with little ideas are vying to be the next big thing in the US and Britain—but it isn't that easy
Silicon Valley is once again pulsing with silly money. Tiny companies with little ideas are once again dreaming about being enormously rich a few weeks after they start building a product. All memory of previous bubbles seems to have been wiped from the collective hard drive, as though a giant magnet has been waved over California. Even the founders of boo.com have managed to raise some money, all in the middle of what we’re assured are straitened financial times.