TechCrunch London party

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Techcrunch London Party

An impromptu party organised by Mike Arrington of fame attracted upwards of 100 people to a central London bar on Monday night this week. One of the issues on people’s minds was when is the bubble on this latest Internet boom going to burst? Chatting over a beer Arrington said “When the market falls out of US house prices. Then people will start watching what they spend and the advertising market will drop.” He thinks its the ad market which is driving a lot of new Web start-ups. And he’s right, to a large extent. Look at YouTube / MySpace etc. ALl media plays.

Meanwhile, I ran into a few new start-ups which I’ll be writing about shortly…

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