Comments on: Bubble, What Bubble http://www.npost.com/blog/2007/12/04/bubble-what-bubble/ Connecting Startups with Talent Since 1999 Fri, 27 May 2011 04:20:51 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Jordan Mitchell http://www.npost.com/blog/2007/12/04/bubble-what-bubble/#comment-69 Jordan Mitchell Tue, 11 Dec 2007 03:07:27 +0000 http://blog.npost.com/2007/12/04/bubble-what-bubble/#comment-69 Nathan, what makes you think we're in a bubble? In other words, how do you define bubble? There's no question we're seeing a tremendous amount of new startup activity, but I define bubble not on that basis but rather on the basis of number of financings and ridiculous valuations. I don't think the pace of investment has increased dramatically over the past two years nor have the valuations. That said, there are a couple CRAZY valuations out there these days, not the least of which is Facebook. We're merely seeing a lot of new entrepreneurs emerge from the safe havens and stability of corporate jobs with a concept, and give it a go. But to the extent "bubble" terminology reminds us that it could ALL come tumbling down, it's a good thing. Nathan, what makes you think we’re in a bubble? In other words, how do you define bubble?

There’s no question we’re seeing a tremendous amount of new startup activity, but I define bubble not on that basis but rather on the basis of number of financings and ridiculous valuations. I don’t think the pace of investment has increased dramatically over the past two years nor have the valuations. That said, there are a couple CRAZY valuations out there these days, not the least of which is Facebook.

We’re merely seeing a lot of new entrepreneurs emerge from the safe havens and stability of corporate jobs with a concept, and give it a go. But to the extent “bubble” terminology reminds us that it could ALL come tumbling down, it’s a good thing.

]]>