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It'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
by freyr 11y ago
It'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.