The Next Bubble – Don’t Get Fooled Again
Steve Blank
JUNE 15, 2011
Bubbles are not new; we have had them for hundreds of years (the Tulip Mania , South Sea Company , Mississippi Company , etc.). 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. million in 2010 sales).
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