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Mark Cuban: 'Uber, Twitter, Facebook' driving a new tech bubble

Discussion in 'Uber Drivers Forum' started by Dreamer, Mar 5, 2015.

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  1. Dreamer

    Dreamer
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    It's 2000 all over again -- or "far worse."

    In a bubble there is always someone with a “great” idea pitching an investor the dream of a billion dollar payout with a comparison to an existing success story. In the tech bubble it was Broadcast.com, AOL, Netscape, etc. Today its, Uber, Twitter, Facebook, etc.

    To the investor, its the hope of a huge payout. But there is one critical difference. Back then the companies the general public was investing in were public companies. They may have been horrible companies, but being public meant that investors had liquidity to sell their stocks.

    The bubble today comes from private investors who are investing in apps and small tech companies.


    http://blogmaverick.com/2015/03/04/why-this-tech-bubble-is-worse-than-the-tech-bubble-of-2000/
     
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