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> "No one seems to fervently believe tech valuations are cheap, so it’d be somewhat surprising if we were in a bubble." Is this true? I know that high valuatio
by awwstn 11y ago
> "No one seems to fervently believe tech valuations are cheap, so it’d be somewhat surprising if we were in a bubble."
Is this true? I know that high valuations are getting tons of press and shock in the public, but it seems like VCs, Wall Street, and the general population are racing to get their money into startups despite the high valuations everyone is talking about. So to me, that would indicate that many people do fervently believe tech valuations are cheap.
I think where we put our money is probably a better indicator of what we believe about a market than what we say, and I get the sense that many of the people who are saying valuations are high are the same ones pumping millions of dollars into every startup they can.