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June 1, 2011 06:35 pm GMT

Eric Schmidt Is a Surprisingly Worried Man

It was a surprising way to kick off a technology conference at a moment in time where any piece of news-- big or small-- cues up the BUBBLE-OR-NOT Greek chorus of wailing and chest beating. Tech valuations, while almost universally sky-high, are nowhere near as high as the paranoia that we're in a bubble. Or worse: The fear that you aren't on the record having called this one out. A lot of tech commentary today has all the sophistication of a schoolyard game of "NOT IT!"But the man on stage opening All Things Digital's ninth conference wasn't a player in the Valley's central Web 2.0 psychological drama like Mark Zuckerberg of Facebook or Reid Hoffman of LinkedIn. CEO Dick Costolo of Twitter would wait until day two. Hearing from Marc Andreessen, the puppet master behind many of those soaring valuations, would have to wait too.The man in All Things D's ergonomic red hot seat was Eric Schmidt, the former CEO of Google-- the last company everyone said would incite a public market tech bubble. (It didn't.) The last company Wall Street watchers claimed was insanely overvalued. (It wasn't.) The company that has been on top for much of the last decade, as the older generation of Web 1.0 giants have failed to innovate and up and comers have declined to go public.So why didn't he seem more happy?

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/dXk3G0WZRoo/

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