Photo: Economist
The new tech bubble
Irrational exuberance has returned to the internet world. Investors should beware.
Some time after the dotcom boom turned into a spectacular bust in 2000, bumper stickers began appearing in Silicon Valley imploring: “Please God, just one more bubble.” That wish has now been granted. Compared with the rest of America, Silicon Valley feels like a boomtown. Corporate chefs are in demand again, office rents are soaring and the pay being offered to talented folk in fashionable fields like data science is reaching Hollywood levels. And no ... Full Story »
Posted by Fabrice Florin - via Josh_Young (t), Johan Jessen (t), Wil Kristin (t), Kaizar Campwala (t), Joey Baker (t)
