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The Next Bubble – Don’t Get Fooled Again

Steve Blank

Today, the signs of the new bubble are the Linked-In initial public offering (IPO), Facebook’s stratospheric valuation and the rapid rise of early-stage startup valuation. In December 2010, Youku—the YouTube of China —went public, with a valuation of $4.4 billion at the end of the first day (on $58.9