Topic:

The Tech Bubble

The Tech Bubble

Is It a Tech Bubble? The Current Score

(www.flickr.com/alexbrn)

This weekend saw another flame war over whether the U.S. tech industry is in a “bubble” after New York Times reporter Nick Bilton wrote a story about high valuations for companies that have little or no revenue. When a company has no business model, investors refer to the valuation as “mark-to-mystery,” he reported. Instagram is an oft-cited example among bubble-believers, which particularly irks bubble-deniers.

Investor and accelerator founder Dave McClure took special umbrage at the article.

So where do the web’s pundits currently come down? Read More