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MAR 23, 2014 - Business Insider

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Here's Why It's Ridiculous To Say That The Fed Is Causing A Tech Bubble (FB, KING)

My colleague Jim Edwards reports that a growing number of VC investors are beginning to fret that low interest rates are causing another bubble in technology. On the surface, it's not hard to see why people are telling this story. Startups are increasingly commanding valuations of several billion dollars without much profit to show for it. The most famous of these right now is WhatsApp, which just got Facebook to cough up $19 billion for it, despite the business side being negligible. AirBNB (the site where you can rent out your house to travelers), meanwhile, is reportedly raising money at ... Read More

Tags: Here's Why It's Ridiculous To Say That The Fed Is Causing A Tech Bubble (FB, KING),  Facebook Latest News