zero to one

A Tech Bubble

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California's Silicon Valley might be a bubble of innovation; but is that bubble about to burst?

Peter Thiel is the author of “Zero to One;” a book that is being billed as one of the smartest ever written to teach people about economics. And with a background that includes co-founder of PayPal and the first outside investor in Facebook Thiel is an ideal teacher.

And despite selling his company to Ebay Thiel says companies today should not be in a big hurry to sell. He also doesn’t believe that Silicon Valley is in a tech bubble. He says in the 90’s there were about 300 tech IPO’s; today there’s around 40 and consumer enthusiasm is fading.  read more »