The Tech Bust of 2015

The post argues that rather than being in a tech bubble, the market is experiencing a tech bust, particularly in late-stage private companies where valuations are misleadingly structured like debt. It suggests that while public tech companies and early-stage investments appear stable, the disconnect in late-stage valuations could lead to corrections. Overall, the author remains optimistic about the future of technology investments.

Published 2015-11-02 5 min read 933 words 3 topics

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Maybe instead of a tech bubble, we’re in a tech bust. No one seems to fervently believe tech valuations are cheap, so it’d be somewhat surprising if we were in a bubble. In many parts of the market, valuations seem too c

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Read the full essay on Sam Altman's blog

blog.samaltman.com/the-tech-bust-of-2015

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