Monday, April 9, 2012

Must-Read Article About New Social Dotcom Bubble

Not that anyone who reads this blog would be dumb enough to invest in these, but essential reading

The feeling was palpable. Y Combinator had sixty-five companies present (42Floors was one of them). And we saw 500 eager investors, frenzied almost, excited to invest in entrepreneurs. One investor emailed me four times, texted me three times, called me and sent me a message on LinkedIn -- desperate to get a check in before the round closes.
What I love is the school of thought that, sure, the market is overheated but "who knows" whether these investments will be +ROI or not until a decade from now.

1 comment:

Tom said...

Really insane, now Instagram gets bought by facebook for $1Bn too. How can one profit from bubble 2.0?