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Have we entered another tech bubble?

posted by LaminatorX on Saturday February 22 2014, @12:00AM   Printer-friendly
from the It's-like-a-telegram-but-on-a-phone dept.

siliconwafer writes:

"Facebook's purchase of WhatsApp has generated a lot of noise in the financial and tech industries, with some calling the purchase price 'down-right silly' and 'jaw-dropping', and others have said the price is fair, but question the strategy. Is the purchase price evidence that we're entering entering another tech bubble reminiscent of the 1990s? Some say no, while others believe that a bubble may exist only in social media, given that the Global X Social Media Index ETF has outperformed the NASDAQ over the past year."

 
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  • (Score: 5, Insightful) by Maow on Saturday February 22 2014, @02:46AM

    by Maow (8) on Saturday February 22 2014, @02:46AM (#4715) Homepage

    I wonder if Facebook is doing this for the (additional) benefit of keeping their name in the news all the time - the free publicity certainly doesn't hurt their other properties.

    I'm not sure I'd call it "free publicity". They could buy all the superbowl ad slots, all the prime time ad slots, and maybe a stack of AOL^W FaceBook CDs to every house in the western world as well for the $19,000,000,000.00.

    What did Google pay for Boston Dynamics, as an example? I know that BD + FB are not overlapping in any way, shape, or form, however it seems that the Boston Dynamics example provided a lot more value for the buck.

    I welcome anyone's links showing my points right or wrong...

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