Philip Delves-Broughton

Bubble 2.0

Ten years after the dot-com bust, investors are wild for the web again

issue 09 April 2011

There is nothing more maddening to an old-school investor than a bubble. And especially a bubble in which young people are getting outrageously rich. But here we are, 11 years after the last technology bubble popped, in the midst of another of those exuberant moments. Facebook valued at $75 billion.

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