MG Siegler (@parislemon) thinks there’s no tech bubble…

MG Siegler, commenting on a piece by Chris Dixon:

Every few months, a big story comes out proclaiming that we’re in another bubble. It reminds me of the “downfall of Apple” nonsense — everyone wants to be the first to correctly “call” what is inevitable (that Apple will fall at some point, as all companies do — and that the tech scene will be hit by hard times again, as all scenes are).

…we often get no facts in these bubble stories, just a bunch of vague fear mongering. The same kind we got a year and a half ago. And a year before that. And a year before that. Etc.

Much respect for his writing usually, but I strongly disagree with this.

We are in a tech bubble. Show me any company in this industry, ANY at all, besides Apple, possibly Google, and Microsoft, that has a sustainable business model and is not bleeding money.

Here’s the original post by Chris Dixon.

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2 comments on “MG Siegler (@parislemon) thinks there’s no tech bubble…

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