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Signs That Silicon Valley's Tech Bubble Is Bursting
- nopinsight 11y agoWith layoffs by Twitter and Snapchat going on as well, this article seems worth discussing about. Signs detailed in the article: 1. IPO market is screeching to a halt. 2. Tourists are taking the bus out of Silicon Valley. (Tourists --> mutual funds, hedge funds, other institutions that are not experts in helping grow tech startups.) 3. Money-losing startups are over-valued. 4. Private companies are aggressively sweetening the pot to attract fresh capital.
- eli_gottlieb 11y agoA lot of people have been calling bubble for years. What brought on the pop at this precise moment?
- fivethreetwo 11y agoReality caught up with irrational exuberance.
- karmajunkie 11y agoWhile I think the article makes a pretty good argument, i don't think the pop is quite here yet. I went through the first dot com bubble pop, and it was a bloodbath. This one won't be nearly as bad (I hope) but things are going to get a lot worse than they are now if this is a legit bubble and it pops.