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We're in Another Tech Bubble

Analysts: Just look around Silicon Valley for proof

By John Johnson, Newser Staff

Posted Mar 19, 2011 4:42 PM CDT

(Newser) – Don't look now, but another tech bubble is upon us. Signs "have been appearing over the last year—seed and late-stage valuations are rapidly inflating, hiring talent in Silicon Valley is the toughest since the last bubble and investors are starting to openly wonder how this one will end," writes Steve Blank in the Huffington Post. A USA Today analysis agrees, noting investors' insatiable appetite for web startups and the coming swarm of IPOs, though it says things aren't nearly as crazy as they were in 2000.

Financial blogger Paul Kedrosky even has a list of Top 10 signs the valley is getting a little nuts, everything from "fawning" coverage on CNBC, to "everyone you know has a startup," to his No. 1 piece of evidence: "journalists are quitting journalism for startups." Blank, meanwhile, offers a backgrounder on the previous bubble and what he calls the "new rules" for this one (including the fact that companies can no longer sell just "vision"). Click for that.

Look out for the pop. (Shutterstock)

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COMMENTS

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Showing 3 of 10 comments

MDD

Mar 20, 2011 10:54 AM CDT

The ONLY Company doing anything worth while in Tech is Apple...

rothiri

Mar 19, 2011 9:26 PM CDT

Now everyone is saying this since they missed it the first time, they hope to predict is this time. Except companies have business plans and markets and then crash and burn if they turn out to be bad or something the market doesn't want. Instead of of lots of cash pouring into vaporware the 1st time around

MisterPlinkett

Mar 19, 2011 8:26 PM CDT

*pop*

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We're in Another Tech Bubble

Analysts: Just look around Silicon Valley for proof

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