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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: 1) by demonlapin on Saturday February 22 2014, @06:30PM

    by demonlapin (925) on Saturday February 22 2014, @06:30PM (#4984) Journal
    The whole Bay Area thing is insane. I mean, I get that the weather is always perfect, but damn. In most of the rest of the country, $1.6M gets you a 6000-7000 sf house, top of the line furnishings, and some land (1-2 acres).

  • (Score: 1) by ButchDeLoria on Saturday February 22 2014, @08:34PM

    by ButchDeLoria (583) on Saturday February 22 2014, @08:34PM (#5020)

    In my area, $1M flat gets you 70 acres, a 7000 sq foot home with lake house, AND room to refurnish all of it entirely.