Debating the Tech Bubble with Steve Blank: Part I
Ben's Blog
JUNE 18, 2011
Similarly, Google, well on its way to owning the dominant smart phone operating system and which maintains a near monopoly position in search, trades at a price/earnings (P/E) ratio (ex-cash) of around 13.7. Back in 1994, very few people would have predicted that the largest bookseller in the world would be a software company.
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