Nitin's insights..

Various people have voiced their opinion on whether we are into a
another tech bubble like that of 2001, especially with the recent announcement
of the Microsoft/Skype deal, the LinkedIn float and the big valuations of other
social media companies Twitter, Facebook, Groupon.

The British Venture Capital Association (BVCA) said that conditions are
different. Speaking just before the Astia Investor’s forum in May 2011, Tim Hames, head of public affairs, communications and campaigns at the BVCA, said, “In recent months, and
heightened in the light of the Microsoft-Skype deal announced yesterday, a
claim has emerged that the dot com boom of a decade or so past and the
consequential bust are in the process of being repeated. This seems to me to
fly in the face of the evidence. The dot com boom was characterized by a glut,
indeed a veritable splurge, of IPOs of internet companies. Many of these
businesses were little more than a domain name, a website and a concept.” Continue reading →