From Reuters
Welcome to Tech Bubble 2.0 -- when's the bust?
By Brent Lang
From LinkedIn to Groupon to Facebook, technology companies are taking their social media know-how public -- and they're hitting the markets with dizzying valuations.
This thirst for high tech has left many venture capitalists and analysts worrying that the markets are partying like it's 1999. Investors who were around the last time Wall Street got punch drunk on the Internet remember all too well how that one ended.
"I give this between six months to one year, and that's being optimistic," Vivek Wadhwa, a visiting scholar at U.C. Berkeley's School of Information and an advisor to startups, told TheWrap. "It can't last. It doesn't make sense. It's a mad rush to go public, and they're rushing out as fast as they can, because they know that before the bubble pops they might as well go make their big money."
So far, at least, the markets disagree....