Whenever the tech bubble question comes up, as it does with regularity, it sparks a debate about the definition of a bubble, or what qualifies as overvaluation. When I hear this debate, I focus less on the word “bubble” and more on the word “we.” Are we talking about the full sweep of the global technology industry, or about an important but highly specific subsection in Silicon Valley?
This is in part because of my own natural bias. As a Swede who co-founded Skype and is an investor at Atomico helping companies outside Silicon Valley to scale, I have always felt that more attention should be paid to entrepreneurs from places like Stockholm, Shanghai and São Paolo who are taking on and disrupting huge global industries.
But leaving my personal feelings aside, it’s also a serious point that has ramifications across the world for entrepreneurs, investors and governments alike. In contrast to the debate about overvaluation in Silicon Valley, until the past few years the problem elsewhere has been precisely the opposite — undervaluation.
Related Posts
- 79The question of how Uber would spend its billion-dollar investment was never really much of a riddle. More rides in more places has always been the plan. But with its ten-figure cushion, the San Francisco-based ride-hailing startup can be more cunning about how it tries to get huge. Uber wants to grow…
- See how these fast-growing, innovative companies are redefining money lending, e-commerce, and more.78Often, the only way to get ahead is to have a great plan. Which is exactly what makes the companies below so special. It's not just that they're making the big bucks (and they are doing that). This small group of companies from the Inc. 5000 class of 2014 are notable for their…
- 76Source : https://medium.com/i-m-h-o/good-and-bad-reasons-to-become-an-entrepreneur-decf0766de8d Recently we hosted a Q&A at Asana that I participated in with Ben Horowitz, Matt Cohler, and Justin Rosenstein. Marcus Wohlsen from Wired attended and wrote an article that discussed our views on the culture of entrepreneurship in Silicon Valley. This is an important topic, so I want…
- 76WhatsApp CEO and founder Jan Koum tweeted that the popular messaging app user-base has now been increased to 600 million. Earlier in April, it was announced that WhatsApp had 500 million active users. Surprisingly, the instant messaging space has been growing by leaps and bounds. It is worth noting that WhatsApp…