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No Tech Bubble Yet, Says VC Firm

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The idea has been floated that there is a new tech bubble underway due to several highly valued startups. So-called “unicorns,” startups with a valuation of greater than $1B, have been the focus of those making the case for a bubble. Silicon Valley venture capital firm Andreesen Horowitz recently came out with a presentation to dispel the notion that a new tech bubble is underway. Among its findings, funding for tech startups is nowhere near the heights of 1999 and 2000 and that long-term earning potential for tech startups is much stronger this time around. [BB]