How Far Can Pre-IPO Tech Values Go?

How far can pre-IPO tech values go?

Market may be setting itself up for another fall 15 years after collapse of Internet bubble A flood of money from unconventional sources has sent valuations of late-stage technology startups, including Uber Technologies Inc and Snapchat Inc, to levels that haven’t been seen since before the dot-com crash. Hedge funds and mutual funds that once shunned…