But there’s a bubble that the web community isn’t talking about. Let’s call it the Entrepreneur Bubble. The Web 2.0 Entrepreneur Bubble is the flip side of the Web 2.0 Investment Bubble.

Absolutely true. Everyone reads a site like Signal v Noise and looks at what is being done... reads a site like Tech Crunch, sees the opportunities... and figures they can do it. How many people do you know who want/plan/are trying to build a small Web Apps company?

What I appreciate about Memestreams is that it is prior to this bubble, incumbant for a hot field and isn't cashing it. What frustrates me about Memestreams is that it is prior to this bubble, has better solutions to the hot field, and isn't cashing in.

EarlyStageVC: The Web 2.0 Entrepreneur Bubble