First we had the internet startup bubble (Bubble 1.0) where the prepubescents claimed that they could build online sites that would run the gamut of getting the morning coffee to you to defecating for you. Then we had another bubble (Bubble 2.0) when some folks on Wall Street decided that they could create money out of thin air and gullible people believed them and bought up an alphabet soup of financial innovation products. Now, just imagine what might happen if we combine the worst of these two worlds - internet startups doing finanial innovation - Bubble 3.0!!!