“Silicon Valley Start-Ups Awash in Dollars, Again”

17 Oct ’07

As this round of “Bigger Fool” Musical Chairs gets underway, it’s kind of fun to spot the first seller to argue that a ‘New Paradigm’ is in play, changing traditional valuation rules. Careful though, they’re tricky, and you may be so dazzled by the superficial appeal of the argument that when the music stops you’re the one left holding the Skype .. er .. bag.

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