Is the silicon valley in a bubble? Is web 2.0 still in the early adopter phase? Well, here are my top 10 reasons why both things must be true after spending almost a month in LA

1) People here call anyone having to do with technology, part of “IT”, yes even that 300K a year search engine algorithm guru. Imagine the top that will blow if someone called a google engineer the “IT Guy”

2) More than 5/10 people never heard of skype

3) “The Valley” is not Silicon Valley

4) No one blogs, no one knows I blog, no one has found my blog. At eBay it took about 3 month for co-workers to discover my blog (at the time I thought it was a long time), I’m betting 5-6 month.

5) An ancillary to my last post, no one tried to Google my name or find me on friendster/myspace. (my blog shows up pretty early if you google my name)

6) Larry & Sergei is the proposed name to the sequel to Harold and Kumar

7) Content is king, and licensing it is how you get rich

8) CEO’s have their own parking space, office, break room etc (although it could be argued that Meg took up an entire row and had her own dedicated conference room as well)

9) Vegas Baby! . . . spontaneous vegas trips are feasible and desirable (as opposed to Tahoe)

10) You never quite know how your neighbors made his millions. (dry cleaning? auto repair? super markets? Boba shops?) . . .In the valley based on the age you can generally guess with 30% accuracy: Fairchild, Intel, Netscape, Google. . . . depending on whether they are in their 50’s, 40’s, 30’s, and 20’s.