Misinformed article. The reason the tech bubble never burst is that 1) The largest tech businesses are actually hugely profitable. The only way they could burs

Misinformed article. The reason the tech bubble never burst is that 1) The largest tech businesses are actually hugely profitable. The only way they could burst is getting regulated or disrupted out of existence 2) Relative to other industries, bay area tech employees in the right employers are getting paid huge amounts leading to the largest creation of wealth perhaps of all time. This only looks like a bubble to people outside the industry because they don't understand how much this large group of people is making. 3) Yes there is still a lot of venture capital (some foreign, and most of that being biased towards only recent years) chasing large returns in a low interest rate economy, but that is only because of people chasing more #1s. And new hugely profitable businesses are still being made, like Square or Shopify or the yet-to-IPO Airbnb It's not the acquihires. That only affects a small (relatively) number of people compared to the hundreds of thousands of very well compensated engineers at FAANG and smaller companies.