Demand Mississippi Revenue Valuation 
Steve Blank
JUNE 15, 2011
A tech bubble is the rapid inflation in the valuation of public and private technology companies that exceeds their fundamental value by a large margin. Bubbles are not new; we have had them for hundreds of years (the Tulip Mania , South Sea Company , Mississippi Company , etc.). We don’t get fooled again. The Who 1971.
www.paulgraham.com
APRIL 28, 2010
A lawyer I asked about it said: When the company goes public, the SEC will carefully study all prior issuances of stock by the company and demand that it take immediate action to cure any past violations of securities laws. There never has to be atime when you have no revenues. Another concept we need to introduce now is valuation.
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