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Everyone's partying like its 1999
by LordHumungous 12y ago
Everyone's partying like its 1999
- getdavidhiggins 12y agoBusiness Insider post - didn't click Dotcom bubble 2.0? Hard to say - I'm not a silicon valley insider about to divulge well earned punditry. Opportunism will always be there - and it's healthy. The only thing out of kilter is how brazen those investments are. You notice this - when investors call iOS developers the very moment an app gets popular on iTunes. Most people cast a blind eye - but when you're an investor, it's very hard not to notice tactics - the opportunism seems awry.
- LordHumungous 12y agoI'm no expert, but when investors are so desperate to put their money into hot companies that they are willing to let the founders take some off the table, that seems to indicate to me that there is some irrational exuberance going on.