Marc Andreessen: If We’re In A Bubble, It Is The Weirdest One
This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry
Marc Andreessen was interviewed at the Wired Business Conference today. When asked about whether we are in a tech bubble, Andreessen said “If we’re in a bubble, it’s the weirdest bubble I’ve ever seen where everyone hates everything. If you check tech stocks that went public recently, it’s nose down to the ground. We’re now 15 years of flat stock market returns. That’s a weird bubble.” Tech companies like Pandora, Demand Media, and Groupon have seen their stock prices plunge since going public unlike the times when we actually were in a tech bubble during the dot-com bubble between 1995 and 2000.