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Silicon Valley tech boom is not a bubble


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2015 Apr 19, 9:59am   782 views  0 comments

by tovarichpeter   ➕follow (6)   💰tip   ignore  

http://www.mercurynews.com/business/ci_27942064/sv150-current-tech-boom-is-no-dot-com

Silicon Valley's tech cup runneth over. Job growth is humming, coders are being lionized on HBO, Uber and its shared-economy cohorts are on fire, disrupted innovation is unfolding on every corner. And everyone from downtown San Jose to Oakland's Uptown to San Francisco's South of Market is partying like it's 1999. Luckily, it's not -- at least according to those who say today's boom and the exuberance of the dot-com craze are like night and day. "Back around 2000, the IPOs were characterized by having only a few years' track record and little in the way of profits," says Brett...

#bubbles

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