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they made a number of specific points about why they don't think it's a bubble. Now, they could be wrong, but at least they are coherent
by vasilipupkin 11y ago
they made a number of specific points about why they don't think it's a bubble. Now, they could be wrong, but at least they are coherent
- jseliger 11y agothey made a number of specific points about why they don't think it's a bubble. Now, they could be wrong, but at least they are coherent This is a great comment. The grandparent is being pointlessly dismissive with zero evidence presented. That makes it an incredibly low-value comment.
- freyr 11y agoIt's a red herring. They present data about public markets to conclude there's no bubble. But the bubble, whether real or not, is generally considered a funding bubble taking place in private markets.
- ThomPete 11y agoExactly! They are showing that there is in fact no tech bubble which I agree with. But that doesn't mean there isn't a bubble far more problematic inside the tech sector. There are a bunch of companies that get a lot of attention for their valuation but without any real proven path to ever honor it.