The New York Times has a nice link bait piece this morning stating that Silicon Valley is in a bubble and we should all be worried for the poor companies overpaying for startup acquisitions.
In addition, it states,
“Internet companies with funny names, little revenue and few customers are commanding high prices… Consider Facebook, the popular but financially unproven social network, which is reportedly being valued by investors at up to $15 billion. That is nearly half the value of Yahoo, a company with 38 times the number of employees and, based on estimates of Facebook’s income, 32 times the revenue.”
Bold.
Welcome to LeveragingIdeas! If you're a cool person interested in technology, startups or entrepreneurship I strongly suggest you CLICK HERE to receive new posts via RSS. Thanks!!
