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by dreamdu5t
5522 days ago
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If by "bubble" they mean companies that aren't profitable are being valued at enormous amounts, and continue to garner investment even without any clear revenue or exit strategy, then yes we are in a bubble. The problem is the web industry considers investment to be revenue... in which case you're never in a bubble because profit doesn't really matter. Success in the web industry is simply getting someone to throw money at you. |
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