Quote:
Originally Posted by peter12
The recent round of billion dollar valuations in SV has incited this same comparison from many respected commentators. It isn't crazy to think that these companies are hyped merely on the basis of investors wanting a return.
http://www.bloomberg.com/news/articl...tech-companies |
Great article. My favorite quote is "Here's the secret to how Silicon Valley calculates the value of its hottest companies: The numbers are sort of made-up"
Again didn't Enron do this?