Doug Richard, recently interviewed by Facebook, said that the high valuation given to the LinkedIn.com offering was related to investors’ valuation of Facebook. This possibly ill considered willingness to pay a premium price for a much less valuable stock might well be related to a larger bubble in the tech market.
Doug Richard also said that perhaps the next “big thing” was the intersection of broadband and television technology. He stated that collision is likely to be extremely disruptive to existing markets and to yield some surprising, and quite lucrative, opportunities.
