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An uptick after a huge downturn does not a "bubble" make. Upticks don't "burst".
by sabat 15y ago
An uptick after a huge downturn does not a "bubble" make. Upticks don't "burst".
- wyclif 15y agoNo. The reason this isn't a mere "uptick" is because of the giant, crazy valuations. Think companies like Color. Think Facebook. These are not incremental in nature.
- sabat 15y agoFacebook's valuation is not giant or crazy given its size and influence. Color's may be, but time has yet to tell. The bottom line: we are seeing some big valuations, but they're not universal. Most companies are getting an average of $6-10M in A-round funding. They're not doing IPOs without profitability, and institutional investment is proportionally small. That's why calling this a "bubble" is incorrect and irresponsible.