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+ - Facebook, Instagram, Ben Bernanke: Thank You for the New Tech Bubble ->

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pigrabbitbear
pigrabbitbear writes "Those who continue to inflate the tech bubble will be quick to remind us all of how they’ve learned from the past. That this time, it’s simply different. They do have a point. Silicon Valley (and Alley) have matured. Startups these days are focused, driven, and efficient, creating products that people actually use. In a period of less than a year after its launch, Instagram was used by 5 million users, who by August of 2011 had uploaded 150 million photos.

But even with these impressive results, it’s impossible to ignore the fact that many of the fundamental economic factors that led the first bubble remain."
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Facebook, Instagram, Ben Bernanke: Thank You for the New Tech Bubble

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