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Oscar Williams-Grut

Jan Hammer, a partner at Europe's biggest venture capital fund Index Ventures, says we may have just passed the peak for tech valuations, which have been spiralling ever higher this year.

Rocketing valuations of tech companies — particularly in the US — have led some to worry that we could be in the middle of an inflating tech bubble. Uber is often held up as a prime example — the company is now worth over $50 billion (£33.2 billion) but is thought to be unprofitable.