On Bubbles … And Why We’ll Be Just Fine
Both Sides of the Table
JUNE 22, 2011
The fact that today’s Internet bubble does not represent all companies does not disprove its existence. Ah, but today’s Internet companies have real revenue! million pre-money valuation is now raising $1 million at a $12 million valuation the next investor has nowhere to go but up (or sit out the investment).
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