Category Archives: Bubble
Incredible Revenue Growth Means It Is Not “1999″ Yet
Last time, the dot-com boom was driven by a frenzy over gaining eyeballs. Valuations went through the roof well before revenues. This time the hot companies are growing real revenues remarkably fast. The WSJ noted how much faster the leaders like Groupon and Zynga have raced towards $1B in revenues, much faster than in prior […]
1995 or 1999?
It is part of the psychology of “is it 1995 again” that many people immediately jump to 1999, the memories of the last bubble still fresh in mind. Can we go from 1994 to 1999 without those years in the middle? Last weekend the WSJ laid the issue to rest. We are not like 1999 […]
1995 All Over Again
1995 was one of my favorite years. Silicon Valley had been in a funk for over a decade, with a fading memory of the last tech bubble, the PC IPO craze that flamed out in 1983 but launched some really great companies. The peace dividend from the fall of the Berlin Wall had impacted engineers […]
Bubble Trouble
Funny juxtaposition. The media cannot get the story straight. First the WSJ publishes a Serious Editorial that Few Businesses Sprout, With Even Fewer Jobs, especially from a dearth of venture-capital startups. They added a nice chart (below), and made this assertion: Venture-capital firms that typically invest in young companies, as well as angel investors that […]
Tech Valuations Continue to Rise
More indications of a coming tech boom are showing up. Not so long ago, the angel or seed round would value a company at around $1-2M. With the rise of the SuperAngels and the Cambrian Explosion of interest in consumer Internet deals, seed round values have crept up to $3-4M, levels normally seen with traditional […]
The Bubble Builds
I have been reporting how valuations for consumer Internet startups have been rising, with some deals auctioned up to pretty incredible levels, reminiscent of the dot-com bubble. This is an early indicator of a new tech bubble brewing, rivaling the 1978-83 PC Bubble and the 1995-00 dot-com bubble. So far only a handful of companies […]
A New Tech Boom is Emerging
Last April I reported on venture valuations going into Wascally Wabid land: insanely great levels from very small beginnings. Today the WSJ headlined the phenomenon as Web Start-Up Values Soar, with some examples: Quora raised $14m at $88m post value before it even launched its service Blippy raised $11m at a $46m post value Foursquare […]
Valuations Erupt into Wascally Wabid Levels
Is ten years enough to forget the last bubble? FourSquare, a mobile social gaming app, got $1.35M in seed money last Sept, and is now raising $10M at an eye-popping valuation of at least $80M, with a whisper number of $130M (which I seriously doubt). Yahoo is rumored to have bid over $100M to buy […]
