Tech Startups Vs the Housing Market

Discussion in 'General Chat' started by Phoenix CG, Jan 5, 2011.

  1. #1
    I feel that with the huge valuations of some companies and the amount of money that is being thrown at these companies is being a repeat of exactly what made things crumble during the last recession, the idea that properties will just keep making money and the value will keep rising...doesn't the current situation bare some similarities to the housing market?

    I'd really like to see other people's opinions on this, we see some crazy valuations, people throwing money at ideas which do not have business models, I fear that they may ruin it for everyone else...even established companies will get damaged.

    http://technetly.com/topic/1193-tech-startups-vs-the-housing-market/
     
    Phoenix CG, Jan 5, 2011 IP