Majority of Technology Executives Say We're in Another Bubble
With valuations of tech companies reaching the multi-billion-dollar stratosphere, a question that's consistently been on market watchers' minds this year is whether it's 2000 all over again. Is this the next dot-com bust? Those who say no argue that the value of today's tech companies is here to stay.
Perhaps the best people to ask are those who actually run the companies. The Financial Times and The Economist released their quarterly survey of global business executives today. It's jam-packed with data from nearly every conceivable industry. But what caught our eye was what the 117 tech executives are saying. A majority of them -- 51 percent--admitted that they believe there's a bubble. In fact, tech executives were more likely than other executives to believe there's a bubble -- only 38 percent of all business executives thought so.
Read the full story at The Atlantic Wire.