I should have phrased my question as limited to valuations of tech/software comp... | Hacker News

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brown9-2 on Jan 10, 2011 | parent | context | favorite | on: Fix Social Networks' Fantasy Valuation Bullshit.

I should have phrased my question as limited to valuations of tech/software companies only, since that seems to be what we are discussing here.

foljs on Jan 10, 2011 [–]

> I should have phrased my question as limited to valuations of tech/software companies only, since that seems to be what we are discussing here.

OK, then. When the web 1.0 bubble burst in 1999, a whole lot of people lost their money. Bullshit valuations make the stock exchange a snake-oil market.

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