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July 10, 2011 03:56 am GMT
Earlier this week, Google Executive Chairman Eric Schmidt gave an over 70 minute long talk to press at the Sun Valley conference here in Idaho. Towards the end of the talk, a reporter asked the former Google CEO whether he, like many in the media world, thinks we are presently in a tech bubble and what Google's $1.67 billion 2004 IPO at a $23 billion valuation (Google's current valuation is 171.43 billion) means in light of today's IPO valuations.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/bAP0chvqRe8/
Eric Schmidt: You Don't Know It's A Bubble Until The Bubble Ends
Earlier this week, Google Executive Chairman Eric Schmidt gave an over 70 minute long talk to press at the Sun Valley conference here in Idaho. Towards the end of the talk, a reporter asked the former Google CEO whether he, like many in the media world, thinks we are presently in a tech bubble and what Google's $1.67 billion 2004 IPO at a $23 billion valuation (Google's current valuation is 171.43 billion) means in light of today's IPO valuations.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/bAP0chvqRe8/
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