Comment Comment by s_henry_paulson The bubble started long ago.This is what happens when you have lots of extra money floating around and traditional investments aren't producing results that can beat inflation.People have been shoveling large amounts of money into tech for way too long, and even last year WhatsApp was sold for ~20 billion USD.We've now past that and are now at a point where we're going to pump that bubble up even further. parent s_henry_paulson 11 years ago
This is what happens when you have lots of extra money floating around and traditional investments aren't producing results that can beat inflation.
People have been shoveling large amounts of money into tech for way too long, and even last year WhatsApp was sold for ~20 billion USD.
We've now past that and are now at a point where we're going to pump that bubble up even further.