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Silicon Valley Could Be Heading For a New Stock Collapse.

Posted by ryuzaki0 on from the where's-my-model-s dept.

First time accepted submitter billcarson writes "Even though for most of us the recession is far from over, analysts are worried the technology sector might be near the end of a bubble. Technology stocks are at records highs at the moment. Companies that have no sound business plan have no difficulty in raising capital to fund their crazy dreams. Even Yahoo is again buying companies without real profit (Tumblr). Andreessen Horowitz, a major venture capitalist in Silicon Valley is already pulling up the ladder. Might this be an indicator for more woe to come?"

3 of 200 comments (clear)

  1. Re:Yahooblr by dubbayu_d_40 · · Score: 5, Informative

    You know Yahoo has positive earnings, right? It's net was more than a billion (EBITDA) last quarter.

    In July it overtook Google as the most visited US web property and remains #1 to date (comScore)?

    Desperate moves?

  2. Re:Where have I heard this before? by ebno-10db · · Score: 4, Informative

    About the same as the average of all people w/ a bachelor's or higher: http://www.bls.gov/news.release/empsit.t04.htm

    Definitely no indication of a "shortage", unless there is a shortage of people for all types of work that require a college education. If anyone actually believes that, then I've got a bridge to sell them. Silicon Valley BS debunked once again by the actual statistics.

  3. Re:Bullshit from statists. by psm321 · · Score: 4, Informative

    Poe's law: Without a blatant display of humor, it is impossible to create a parody of extremism or fundamentalism that someone won't mistake for the real thing.