Friday, March 13, 2015
FT article "Dotcom history is not yet repeating itself, but it is starting to rhyme"
While bubbles never recur in exactly the same way, some of the same forces are usually at work. In Silicon Valley, history is not repeating itself, but it is starting to rhyme.
The rising tide has lifted many boats: more than 80 start-ups have seen their valuations rise above USD1bn.
Mobile internet ‘unicorns’ added ~USD300m per day in equity
The Billion Dollar Startup Club