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by chailatte 5631 days ago
1.) Price of starting a startup has nothing to do with overvaluation of companies and the corresponding investment into those companies, which defines a bubble. Such as "oh I'm sure that those photo-sharing apps will find a revenue model eventually", etc.

2.) We're in a great depression. Not a run-of-a-mill recession. And "if you are not going to put your money in tech, where are you going to put them?" is precisely what a bubble mentality is.

1 comments

1) Price has a lot to do with how softly we land. The reason the bubble became as infamous as it did was the aftermath, not so much the bubble.

I am not an economists, but it doesn't seem to be a depression from where I am sitting - people don't walk in thread-bare clothing, nor are there "no help wanted signs".