Some Google searches show the talk of the bubble going as far back as 2005, if not even late 2004. I wonder what it takes for a bubble to become normal business?
A bubble never really becomes "normal business" and it never will without specific tools that can support it, tools only available to governments (eg. the China bubble).
An honest prediction on when this bubble will burst, would be at the end of the current financial crisis. This is because for now, investors treat take as a safe retreat for their capital, along with German and U.S bonds, gold and over-priced art.
When faith is restored and capital starts flowing towards other industries in equal quantities, this tech bubble will deflate (not burst).
Actually, start ups are more of a new sort of monetary inflation within a certain industry rather than a bubble, now that I come to think of it.
An honest prediction on when this bubble will burst, would be at the end of the current financial crisis. This is because for now, investors treat take as a safe retreat for their capital, along with German and U.S bonds, gold and over-priced art.
When faith is restored and capital starts flowing towards other industries in equal quantities, this tech bubble will deflate (not burst).
Actually, start ups are more of a new sort of monetary inflation within a certain industry rather than a bubble, now that I come to think of it.