Right now all the talk is about big tech IPOs – particularly with Alibaba Group Holding Ltd (NYSE:BABA) completing the biggest IPO ever and companies like Uber moving towards $40 billion valuations.
Warren Buffett says that in business, the rear-view mirror is always clearer than the windshield. To this point, we would have to agree: even though it may feel like this time it is different, there may be something unexpected hidden that clouds our collective judgement. We may have another tech bubble on our hands.
Big Tech IPOs: Another Bubble?
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