Around the Net
Is The Tech Bubble A Myth?
- Forbes, Thursday, October 15, 2015 12:52 PM
Forbes thinks talk of a new tech bubble is unwarranted, as, to support its thesis, points to a number of startups with sold business models. “A bubble implies a systemic problem and an existential danger, and when you view these high-growth startups as a long-term portfolio, that’s simply not the case,” it writes. “Taken as a whole, the 93 firms based in the U.S. … are worth $322 billion, 14% less than Microsoft and a bit more than Intel and Cisco combined.”
