Are we in a new tech bubble? | The Economist
Coverage of the recent online debate on The Economist Online: http://econ.st/phhOUf
The recent initial public offering of LinkedIn has stoked speculation that a new bubble is forming in the world of technology.
Those who see a bubble forming claim that investors are valuing each firm as if it will be a winner and ignoring some big risks associated with them.
Others argue that we have entered a golden era of the internet that justifies hefty price tags for start-ups.
Is the bubble talk overblown?
Or is this yet another investment frenzy that will end in tears?
Steve Blank and Ben Horowitz debate.
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