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Is the tech bubble about to burst?

  • 26-05-2015 7:35am
    #1
    Elessar
    Registered Users, Registered Users 2 Posts: 5,267 ✭✭✭


    I've been reading more and more lately about the current tech bubble and that it's about to burst. Thousands of companies substantially overvalued, with most of them not even making any profit. It's all about "growth" and investors seem keen to pump money into anything they see with massive growth potential.

    Sooner or later these companies will have to start returning value the old fashioned way, and I've been reading many reports from journalists to investors that state many of these companies will crash over the next couple of years. Not all, but many. I think it's clear to see there is a tech bubble, but is it sustainable?


Comments

  • #2
    jungleman
    Closed Accounts Posts: 803 ✭✭✭jungleman


    Depends what kind of tech, but I don't really see it collapsing any time soon. We're experiencing the informational economy right now, if anything I think tech will continue to grow. What kind of tech were you describing, just so I can give a less vague answer?


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