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No Tech Bubble Here, Says CNN: "This Time It's Different."

Posted by timothy on from the don't-forget-apple dept.

ErichTheRed writes I saw this on the Money page of CNN today. Apparently, various stock analysts have declared that this run-up in stock prices is different than the 1999 version. OK, we don't have the pets.com sock puppet, Webvan or theglobe.com anymore, but when Uber is given a valuation of $40 billion, can a crash be far behind?

1 of 252 comments (clear)

  1. Re:Fool me once, shame on you... by lucm · · Score: 1, Informative

    If you invested in the "bubbling" Uber earlier and sold out now you would be anything other than poor or stupid. As long as you get out before the burst, you win.

    Get out of what? Uber is not publicly traded. Unless you happen to run a VC operation from your basement (which would require millions) there is no way you could have made money with that company.

    Most people fail HARD at this and should really just STFU because they have no idea what they are talking about.

    Exactly.

    --
    lucm, indeed.