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I think Steve is on the money with this article. In particular, with this key proposition:

"The issue is whether the next 100+ tech IPO’s carried by this bubble will be worth their offering price in 8 years."

Ask yourself that question. We're going to see a lot more IPO action, and 8 years from now, I think many will be gone.

As an aside, I strongly recommend Steve's book "4 steps to the epiphany." It's the equivalent of a graduate school level course on entrepreneurship.



I read the first 40 pages of "4 steps to the epiphany" at http://www.stanford.edu/group/e145/cgi-bin/winter/drupal/upl.... It's remarkably dense reading but for someone who was not around during the 2000 bubble, it contains valuable information about what happened.




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