The knee-jerk reaction to IPO fever sweeping Silicon Valley is that we're in the midst of a new tech bubble.
There is, after all, plenty of stupid money flowing all too fast. (Exhibit A: Color, Bill Nguyen's baffling picture-sharing service, which was funded to the tune of $41 million but flopped immediately when users encountered its worthless design.)
ipo feverInfographic: Relax, There's No Tech Bubble Here!Digg - Business & Finance Mon, 08/15/2011 - 13:12
Asian Markets Retreat Amid Bubble WorriesNYT > Business Wed, 07/29/2009 - 03:00
Shares in Hong Kong and China dropped Wednesday even as IPO fever continued to spread with two trading debuts. |
