What’s a bubble? Wikipedia defined the dot-com bubble of the 90’s as: The dot-com bubble (also referred to as the dot-com boom, the Internet bubble and the information technology bubble) was a historic speculative bubble covering roughly 1997–2000 (with a climax on March 10, 2000, with the NASDAQ peaking at 5,408.60 in intraday trading before closing at… Continue reading What Time Is It in the Bubble?
Tag: Valuations
The Idiocy of Multi-Billion $ Evaluations
Part Deux – In Which I Continue My Rant On Valuations The other day, I penned my thoughts about private equity. Amplifying on that theme, there are a lot of unprofitable companies out there funded by private equity or venture money, with multi-billion dollar valuations. Oh yeah? Sez who? Apparently only the people who hope… Continue reading The Idiocy of Multi-Billion $ Evaluations