Mr. Gurley, a … partner at Benchmark, a San Francisco-based venture capital firm, has been warning of an impending Silicon Valley bubble burst for quite some time. He cites the multiplicity of so-called unicorns, or private companies valued at more than $1 billion by investors. By some accounts, there are more than 50 of these billion-plus companies in the Valley at the moment, with more added seemingly every other week…
Read more: http://bits.blogs.nytimes.com/2015/03/15/silicon-valley-investor-says-the-end-is-near/?_r=0
by Jim Edwards “Business Insider” Nov. 5, 2014.
By Katie Benner. Bloombergview