Tim Draper, the gregarious founder and managing director of venture capital firm Draper Fisher Jurvetson, says there isn’t reason to fear a big bubble in the technology sector just yet.
Draper said so during a question and answer session after his speech in a windy tent yesterday at the Global Technology Symposium in Menlo Park, Calif. The potential for a bubble is on everyone’s minds in Silicon Valley these days because a lot of people remember the froth around the dot-com days and the subsequent crash. And some fear that we are in the same boat with rising valuations for start-ups such as Groupon, Zynga, Facebook and Twitter.
“Is it a bubble? No,” Draper said. “It feels like the beginning of things coming back and we will have a good five years ahead that look very promising.”
To read the full, original article click on this link: Tim Draper doesn’t think we’re in a tech investment bubble yet | VentureBeat
Author: Dean Takahashi
