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r/startups • … • u/PaybackTony

We're not in a tech bubble. Get over it.

I will make this short(ish) and sweet.

There's less money being invested now than there was in the bubble of 2000.

There is an immeasurable amount more money being spent online and on technical products than there was then (estimates all over the place, but nearly all are in the 100x and up range).

There are over 1 BILLION more internet devices now than there were then.

A while ago this article was posted on TC: http://techcrunch.com/2015/03/24/tech-bubble-maybe-maybe-not/

Some data is referenced by the author (of GV fame).

Even in that argument, some of the "cases for it" are arguably cases against there being a bubble.

Yet there are still too many comments here and elsewhere about this so called bubble. Perhaps this is a different kind of bubble? Where there's enough revenue to support a massive ecosystem but something else is going to go awry? The data surely doesn't point to a bubble, so what does?

The number of tech startups are up. So are the number of failures, and yes, number of successes as well.

There is no tech bubble right now. Maybe in a couple years. But if you're flinging the bubble crud (which has been proven wrong every year since this bubble thing started), you aren't flinging from a position of data. I would genuinely like to know some reasoning behind the worry.

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