Are We in Another Tech Bubble?
Source: KQED
Note: I mention some good uses of capital, and non-frivolous tech developments at about 44:30 minutes in: This is an example of what I am referring to: Custom 3D Printed Kidneys Help Surgeons Remove Tumors.
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In a letter to investors this week, top Wall Street hedge fund manager David Einhorn warned “we are witnessing our second tech bubble in 15 years.” Market watchers point to soaring venture capital investments and the recent billion-dollar sales of tech companies Oculus and WhatsApp, which some observers say were overvalued. We’ll talk about the possibility of a bubble, and what it could mean for investors, tech workers and the Bay Area economy.
Host: Dave Iverson
Guests:
- Chris O’Brien, technology reporter for The Los Angeles Times
- Barry Ritholtz, Chairman and Chief Investment Officer, Ritholtz Wealth Management
- Jeffrey Pfeffer, professor of organizational behavior at the Graduate School of Business at Stanford University and author of “Power: Why Some People Have It — and Others Don’t”
- Jon Haveman, principal with Marin Economic Consulting, LLC
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