
Bubble talk: VC valuations
In Beijing and Silicon Valley, there is cause for concern at the flood of capital entering the technology space. It draws comparisons with the dotcom bubble era – but VCs at the AVCJ Forum were keen to play down the similarities.
The primary criticism is that direct comparisons are fundamentally flawed. If the dotcom bubble was inflated by internet hype, the businesses now commanding high valuations are benefiting from an environment...
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