Overfunding floats the tech bubble
medium.comIt’s a bubble that’s different — but also the same — as the last time around. In 2000, start-ups like pets.com were able to go public and jack up share prices even as they were losing hundreds of millions of dollars. The digital ecosystem has since grown, changed and deepened — today it’s harder for companies to get funded just by sticking “.com” behind their names. But....
Read more...