4 ms·
The article is from oct 2007(*fixed), around the same time of the video: "Here comes another bubble" https://m.youtube.com/watch?v=I6IQ_FOCE6I https://m.youtub
by molmalo 7y ago
The article is from oct 2007(*fixed), around the same time of the video: "Here comes another bubble"
https://m.youtube.com/watch?v=I6IQ_FOCE6I https://m.youtube.com/watch?v=I6IQ_FOCE6I
- tosh 7y ago*2007
- molmalo 7y agoLol, yes 2007, fixed, thanks!
- username90 7y agoI wouldn't say that 2007 was a bubble though, at least not in the tech world. Social media wasn't properly realized at the time so for example Facebook being valued at 15 billion or Linkedin at 1 billion made sense. There could have been ten similar sized competitors to both of them and the valuation would still have made sense since one of them would win.
- maxlamb 7y agoThat's what makes reading this piece 12 years later so interesting - there was definitely fear of a bubble in 2007 (probably partly due to the trauma of the 2000 dotcom bust) even though in retrospect there definitely wasn't. It's funny how it described Facebook's $15 billion valuation as a sign there might be a bubble, when FB now is valued at $525 billion.