3 ms·
The hyper growth of the dot-com crash was way different than today. Are there companies that are outrageously unprofitable today and over-valued? Yes. But it's
by almost_usual 7y ago
The hyper growth of the dot-com crash was way different than today. Are there companies that are outrageously unprofitable today and over-valued? Yes. But it's nowhere near the dot-com hysteria. I doubt a tech sector 'crash' is going to occur but I wouldn't be surprised if a correction happens.
- doctorpangloss 7y agoFacebook and Google make their money off businesses buying advertising, people rightly see their profits as being very fragile.
- bduerst 7y agoAdvertising is a half a trillion dollar market - how is that fragile?
- doctorpangloss 7y agoThey said the same thing about mortgages, CDOs, etc.
- bduerst 7y agoBy that logic every major industry is fragile.