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Oh no, not again…

December 13th, 2010 No Comments

An article in Newsweek quotes Fred Wilson, head of Union Square Ventures and one of the most notable VC’s, saying that we are heading for another “Dot Com Bubble” burst.

Yikes!

He says that as more people invest in startups, the companies’ valuations are rising too high.  Click through to read the short article.  It’s pretty interesting and you’ll recognize the names they are talking about.

Side note: I forget how much I love reading Newsweek.  The articles are informative and not daunting.  Unfortunately, you don’t always get the whole story like you would in The Economist, but at the same time, I don’t feel the weight of the world on my shoulders after reading it.  The pieces inspire me to research more online.

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