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
Jul 29, 2015
Federal investigators respond to the scene of a shooting at the Grand Theatre on Thursday, July 23, 2015, in Lafayette, La. (AP)

Guns, background checks, and mass shootings. A new outcry over the system that decide who gets a gun and who doesn’t.

Jul 29, 2015
The transit area at Terminal 3 in Singapore's Changi Airport, ranked as the world's best airport by SkyTrax, a UK-based travel consultancy. (WikiCommons / Jay8g)

New York City’s LaGuardia Airport to be torn down and rebuilt. We’ll consider what makes a great airport now, and how the US stacks up to the global competition.

RECENT
SHOWS
Jul 28, 2015
A portion of the cover of Julia Pierpont's debut novel, "Among the Ten Thousand Things." (Courtesy Random House)

Writer Julia Pierpont is getting rave reviews for her debut novel — “Among the Ten Thousand Things” — about a marriage in crisis. She joins us.

 
Jul 28, 2015
U.S. President Barack Obama, center left , and Ethiopian prime minister Hailemariam Desalegn review an honor guard at the National Palace in Addis Ababa , Ethiopia, Monday, July 27, 2015. (AP)

The United States and Africa. What we see in and beyond President Obama’s big visit.

On Point Blog
On Point Blog
Q & A: Scott Walker On The Iran Deal, Huckabee Comments
Monday, Jul 27, 2015

Wisconsin Gov. Scott Walker explains his opposition to the Iran Deal, his record of statewide electoral victory and why he feels he’s set to win the 2016 Republican Presidential nomination.

More »
Comment
 
Q & A: Carly Fiorina On Trump, Sexism, And Being Cut From The GOP Debate
Monday, Jul 27, 2015

Republican Presidential Candidate Carly Fiorina, the former CEO of computer giant Hewlett-Packard, joined guest host John Harwood to talk Donald Trump, the upcoming Republican candidate debate and sexism in modern life.

More »
Comment
 
Our Week In The News: July 24, 2015
Friday, Jul 24, 2015

You all really, really love to listen to our week in the news segments (that’s great) and we wonder why. Plus: Alex Trebek can’t really sing, in case you were wondering.

More »
2 Comments