“Silicon Valley’s math is getting fuzzy again.”

Excellent post by MG Siegler!

parislemon:

In my last post, I linked to something that First Round Capital’s Josh Kopelman wrote in 2007. His post was prompted by — wait for it — a New York Times piece declaring that “Silicon Valley’s math is getting fuzzy again.” We were in a BUBBLE! Ahhhhh!!!!

Reading over that post now, it’s pretty awesome.

As Brad Stone and Matt Richtel reported in October of 2007:

Internet companies with funny names, little revenue and few customers are commanding high prices. And investors, having seemingly forgotten the pain of the first dot-com bust, are displaying symptoms of the disorder known as irrational exuberance.

No, that wasn’t written yesterday — but it sure reads like it was.

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This was posted 1 year ago. It has 46 notes.
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    I will not be exposing on the bubble talk. But I will reblog when it’s something worth reading. And MG nails it (props...
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  11. martinmcgovern reblogged this from parislemon and added:
    Scary
  12. shawnroos reblogged this from parislemon and added:
    paying top dollar...incredible ideas...possibilities but...
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  14. bastian reblogged this from parislemon and added:
    Excellent post by MG Siegler!
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    2007 Roelof via parislemon … More
  16. parislemon posted this