Shanti’s Dispatches

How to know you are in a bubble:

A company doing only a million a month in revenue turns down an offer for $1.4 billion.

These guys are crazy. I either hope they did the right thing, and eventually get bought out for more than that… or get their arrogance shoved back in their face by having a bubble crash around them, with only paltry acquisition offers ($100M or so would be palty after a $1.4B offer!) left on the table.

Of course.. I hope the 2.0 bubble keeps going strong another 1-3 years.

You can bookmark this, digg this or check the cosmos