Re:Signs That Silicon Valley's Tech Bubble Is Bursting
by nopinsight on Tuesday October 13, 2015 @11:55AM
(#10381278)
With layoffs by Twitter and Snapchat going on as well, this article seems worth discussing about.
Signs detailed in the article:
1. IPO market is screeching to a halt.
2. Tourists are taking the bus out of Silicon Valley. (Tourists --> mutual funds, hedge funds, other institutions that are not experts in helping grow tech startups.)
3. Money-losing startups are over-valued.
4. Private companies are aggressively sweetening the pot to attract fresh capital.
Re:Signs That Silicon Valley's Tech Bubble Is Bursting
by karmajunkie on Tuesday October 13, 2015 @02:14PM
(#10382332)
While I think the article makes a pretty good argument, i don't think the pop is quite here yet. I went through the first dot com bubble pop, and it was a bloodbath. This one won't be nearly as bad (I hope) but things are going to get a lot worse than they are now if this is a legit bubble and it pops.
Signs detailed in the article:
1. IPO market is screeching to a halt.
2. Tourists are taking the bus out of Silicon Valley. (Tourists --> mutual funds, hedge funds, other institutions that are not experts in helping grow tech startups.)
3. Money-losing startups are over-valued.
4. Private companies are aggressively sweetening the pot to attract fresh capital.