Debating the Tech Bubble with Steve Blank: Part I
Ben's Blog
JUNE 18, 2011
In the last bubble, the S&P hit 44x in January 2000. So it looks like the market leaders are trading closer to recession multiples than bubble multiples. Because Stewart’s programmers are ten times more productive than they were in 2001 due to massive advances in programming language technology. What is next?
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