PLEDGE NOW
Are We Facing A New Tech Bubble?

We’re talking about the debate over whether or not there’s a new bubble in the value put on high-flying Internet firms. Are we partying like it’s 1999?

Technology and stock market watchers worry that we may be in the midst of a new tech bubble. (AP)

Technology and stock market watchers worry that we may be in the midst of a new tech bubble. (AP)

All the woe aside, there is a hot spot in the U.S. economy.

It’s in high-flying Internet companies — again. Facebook. Zynga. LinkedIn. Groupon. Those and more are drawing billions in investor valuations.

Eighty billion, in the case of Facebook. They’re driving up Silicon Valley real estate, gobbling up venture capital, exciting IPO investors across the country.

That’s the excitement. And then there’s the fear.

That it’s dotcom bubble time again. That we’re partying like it’s 1999.

This hour On Point: weighing the real value to the U.S. economy of the Internet stars this time.

-Tom Ashbrook

Guests:

Gregory Zuckerman, financial columnist and reporter for the Wall Street Journal.

Peter Thiel, venture capitalist with The Founders Fund and president of the hedge fund Clarium Capital. He is serving as a board member for Facebook. He’s also the co-founder and former CEO of PayPal.

Mark Suster, angel investor and investment partner at GRP Partners. He also writes for the blog “Both Sides of the Table.”

Steven Levy, senior writer for Wired Magazine. He’s the author of the new book “In The Plex: How Google Thinks, Works, and Shapes Our Lives.”

From Tom’s Reading List:

 

Please follow our community rules when engaging in comment discussion on this site.
ONPOINT
TODAY
Apr 29, 2016
Republican presidential candidate Sen. Ted Cruz, R-Texas, joined by former Hewlett-Packard CEO Carly Fiorina waves during a rally in Indianapolis, Wednesday, April 27, 2016, when Cruz announced he has tapped Fiorina to serve as his running mate. (AP Photo/Michael Conroy)

Trump and Hillary wins. Bernie lays off. Cruz chooses Carly. Beyonce drops “Lemonade.” Our weekly news roundtable goes beyond the headlines.

Apr 29, 2016
Screengrab from the #MorethanMean video produced by Sarah Spain and Julie Dicaro. Scroll down to view the video.

Women pushing back. A video by two female sports reporters about online harassment goes viral.

RECENT
SHOWS
Apr 29, 2016
Screengrab from the #MorethanMean video produced by Sarah Spain and Julie Dicaro. Scroll down to view the video.

Women pushing back. A video by two female sports reporters about online harassment goes viral.

 
Apr 29, 2016
Republican presidential candidate Sen. Ted Cruz, R-Texas, joined by former Hewlett-Packard CEO Carly Fiorina waves during a rally in Indianapolis, Wednesday, April 27, 2016, when Cruz announced he has tapped Fiorina to serve as his running mate. (AP Photo/Michael Conroy)

Trump and Hillary wins. Bernie lays off. Cruz chooses Carly. Beyonce drops “Lemonade.” Our weekly news roundtable goes beyond the headlines.

On Point Blog
On Point Blog
‘Embedded’: How Violent Gangs Are Terrorizing El Salvador
Thursday, Apr 14, 2016

NPR’s Kelly McEvers on her reporting in El Salvador for the podcast Embedded, and how gang killings brought San Salvador’s bus service to a halt.

More »
Comment
 
That Cheap Dress On Facebook? It Isn't Worth It
Monday, Apr 11, 2016

Know those shockingly cheap clothes you see advertised on Facebook? There’s a catch.

More »
Comment
 
The Boston Globe Imagines — And Rejects — A President Trump Front Page
Monday, Apr 11, 2016

The Boston Globe editorial page imagines — and rejects — President Donald Trump.

More »
Comment