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Schmidt on Reuters: Signs of Internet bubble

Juha-Matti Laurio [PersonRank 10]

Sunday, February 13, 2011
13 years ago5,347 views

See
http://us.mobile.reuters.com/article/idUSTRE7197CO20110210

Juha-Matti Laurio [PersonRank 10]

13 years ago #

<< There are clear signs of a new Internet bubble in corporate valuations, Google's chief executive Eric Schmidt said in an interview with a Swiss magazine on Thursday [10th Feb].

Asked about the high valuations being put on companies such as social network company Facebook and game developer Zynga, Schmidt said in an interview with Bilanz: "There are clear signs of a bubble ... But valuations are what they are. People believe that these companies will achieve huge sales in the future."
... >>

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