March 1, 2024

Room For Debate: Is This Tech Boom Different?


tech bubbleEd Nacional

With Wall Street banks, venture capitalists, hedge funds and private equities all wanting a piece of the latest technology funds or Internet start-ups, the tech industry is enjoying a flood of money. In the last two years, valuations for Facebook but also for the game maker Zynga have more than quintupled. Groupon, the social shopping site, saw its estimated value soar from $1.4 billion to $25 billion.

Some financial analysts fear there is a new bubble, like the dot-com boom and bust in the late 90’s. What are the lessons from that era? What are the similarities and differences?

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Topics: Facebook, Internet, Technology


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