The only way to underniably confirm its a bubble is if it "pops".
Is snapchat worth 4 billion? Only when some buys it or it goes public. Till then its speculation and we can be here till the "cows come home" debating if we are in a bubble.
I think the best people to ask are PG, Fred at AVC etc. The ones who do this for living who are making these decisions everyday and know the markets. I don't know enough to say for sure and wasn't here for the last bubble.
Exactly right. Anyone telling you it is or is not going one way is crazy. Im simply refuting that "its just like 2000" and showing some strength points.
Is snapchat worth 4 billion? Only when some buys it or it goes public. Till then its speculation and we can be here till the "cows come home" debating if we are in a bubble.
I think the best people to ask are PG, Fred at AVC etc. The ones who do this for living who are making these decisions everyday and know the markets. I don't know enough to say for sure and wasn't here for the last bubble.