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IT’S OVER! POP GOES THE BUBBLE.

Started by Duncan Riley · 8 months ago

We posted late yesterday that Sequoia Capital had called a crisis meeting of its portfolio companies. It gets worse: Valley A-List VC Ron Conway did a similar exercise, although without the in person meeting and gravestone, according to Profy.
The only thing open to debate now is how far ... Continue reading »

4 comments

  • Richard

    8 months ago

    I wouldn't call it a bubble. It just happens to look like a recession is on the horizon. As they always are.

    The bubble at the beginning of the decade was an investment bubble, because yes, investment in the tech sector was over blown. However, this time around almost everyone has been more rational.

    I hate the term "bubble" when used to describe the tech sector at the moment. It's not about to burst, because it isn't a bubble. It may turn into a recession.
    reply
  • Ted

    8 months ago

    "The idea of a great depression is a stretch, given the unprecedented steps being taken by Governments worldwide to save some semblance of a workable market"

    Duncan, the great depression was caused by strikingly similar government interventions in the market. Any action the government now takes can at best keep us from a recession for a short period of time, at the price of a worse crisis in the future.
    reply
  • Simon

    8 months ago

    Sounds like the world is coming to an end!
    reply
  • Svetlana Gladkova

    8 months ago

    I'll put the date to my calendar for the next year's anniversary, very good to see you dared to announce what some of us still decline to admit - the bubble has been here and it has burst now. And while there are good and bad points (with the best one being possible growth of online advertising industry) about it, it is still good that we have finally admitted this fact and will now go on in the unfavorable conditions.
    reply

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