Re: Possible Facebook IPO: History reapeating itself?
evan,
i have no certain knowledgeof what is good/bad in terms of VC/PE firms investing. just the ones i've seen (the ones you mentioned, facebook/myspace) aren't like the 1998 events.
that was the point i was refuting.
i think we'll have the 'headed toward the bubble' route cut off as liquidity becomes less readily available. it is certainly possible that we are headed towards some market correction, but bubble i dont think so.
we just happen to have a ton of money available and are stretching for places to put it. as global real yields rise, they'rell be less money and those marginable valuations will be the ones that are first ditched.
Barron
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