Investment in technology companies globally is very active,
prompting many journalists to describe current conditions as
"Bubble 2.0".
The stats show that the market in the US has some remarkable
valuations for tech companies, but these valuations are largely
directed at the Big 5, being Facebook, Zynga, Groupon, Twitter and
LinkedIn, whose valuations total well in excess of $71 billion.
This compares to 1999 when it took 24 web companies to total a
valuation of $71 billion. There is definitely heat at the top end
of the US tech market. Goldman Sachs bought into Facebook on a
valuation of $50 billion (some 100 times earnings), while
3-year-old Groupon knocked back $6 billion from Google in order to
seek to list later this year for $15 to $25 billion. LinkedIn just
went to a $9 billion valuation on its IPO.
