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Root Music founder J Sider sits on a beanbag chair and sips a fruit smoothie from the kitchen in the Howard Street loft of his technology startup. He explains how the three-person startup, which began in his apartment last year, just got $2.3 million in venture capital funding. The now-10-person team will soon head to the South By Southwest Music Festival in Austin, Texas, on the company dime. “It’s a once-in-a-lifetime experience,” Sider said.

Now the largest music application on Facebook, Root Music is riding a rally in public and private funding for tech startups that has investors debating the existence of a new technology bubble like the one that burst in 2000.

To read the full, original article click on this link: San Francisco's new tech bubble appears much less likely to burst | Anonymous | Development | San Francisco Examiner

Author: David Downs