On Bubbles … And Why We’ll Be Just Fine
Both Sides of the Table
JUNE 22, 2011
Ah, but today’s Internet companies have real revenue! Responses ranged from, “hey, they’re in a HUGE market&# to “it is an amazing company and their technology rocks.&# All of that might be true, but the 2006 price might still be over-valued. And this is happening in mezzanine (pre-IPO) deals as well.
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