News flash: coupons are still boring and I don’t want to give out my email address to a service I don’t even know I’ll benefit from. So now we have an App Store that serves nothing but candy, and we all love candy don’t we?
The OP is not the intended audience for most/all of the apps he's talking about. I don't think he understands that.
There are apps and companies that seem to be absolutely superfluous -- how many Groupon clones do we need? (Do we even really need Groupon?)
That's what the word "bubble" refers to, though. If the OP didn't mean a stock market bubble, he should explain what he does mean. A "bubble" of investing? Why would it warrant the analogy of a bubble? What horrible things happen if and when VC investments don't pan out?
What people are trying to call a bubble is actually just an increase in investment by VCs, sometimes good investments, sometimes bad, and sometimes there are overvaluations.
But if you think we're in a bubble, you either don't remember the real bubble of 1999 or you misunderstood what the problem was.
I suggest you to check few graphs on Google/Yahoo Finance
Considering the deep trough we just came out of, it makes sense that we see a stock market uptick. Moving up != inherently bad.
Those talking about bubbles generally have serious financial interests in lowering initial valuations.
When you see a VC claim that one of their portfolio companies is overpriced then we MIGHT be in a bubble. Those talking about bubbles generally point to companies they don't own as examples of a bubble.
Was the real estate itself part of the bubble? I thought there was lots of trading of mortgage-backed assets that went on the ridiculous assumption that house prices would continue to rise indefinitely, then when they stopped rising the derived (high-volume) trading was exposed as irresponsible. So the bubble would be in credit-default-swaps or whatever you call them, not in actual property.
Someone who knows what they're talking about explain please!
Yes, the bubble was in real estate. "People believe the value of X will rise indefinitely" is pretty much the definition of "there's a bubble in X". A lot of dumb things, not just selling exotic derivatives, were done based on the assumption that house prices could not fall. For example, people used crazy leverage to buy houses, figuring its value had to go up. Now they are underwater on their zero-down adjustable mortgages.
In reference to the technology industry, "bubble" means stock market bubble -- because that's the kind of bubble that can have a direct, significant impact on the industry. And it did, in the late '90s.
What kind of bubble are we in? A VC investment bubble? The investments that are being disparaged too anecdotal to have a significant financial impact.
Because there is a huge rise in early-stage investment activity and associated rise in valuations. That's the definition of a bubble regardless whether asset class is stock in startups, public companies, houses or tulips.
News flash: coupons are still boring and I don’t want to give out my email address to a service I don’t even know I’ll benefit from. So now we have an App Store that serves nothing but candy, and we all love candy don’t we?
The OP is not the intended audience for most/all of the apps he's talking about. I don't think he understands that.
There are apps and companies that seem to be absolutely superfluous -- how many Groupon clones do we need? (Do we even really need Groupon?)
But the market will decide that. Not us nerds.