It's time to kick off another round of worrying about the tech bubble.
According to the New York Times, there was a "sense of foreboding" hanging over a panel discussion about venture capital at Harvard Business School on Sunday.
Adam Valkin at General Catalyst warned, "My own view is we still have one, two or three very good years ahead. But then we should be cautious, because there’s no example in history where the cycle doesn’t come to an end and drag us through a very painful period."
Hmm. That sounds familiar....
2014: "There is a clear consensus that we are witnessing our second tech bubble in 15 years....What is uncertain is how much further the bubble can expand, and what might pop it." — David Einhorn, hedge fund manager
Source: Los Angeles Times, May 1, 2014
2013: 82% of investors and analysts surveyed by Bloomberg said that Internet and social media stocks were at or near "unsustainable levels."
Source: Bloomberg, November 21, 2013.
2012: "The proper question is not are we in a tech bubble, but where are we on the timeline of the bubble? How long before it pops?" —Michael Wolff, writing for The Guardian after the Facebook IPO
Source: The Guardian, May 18, 2012.
See the rest of the story at Business Insider
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