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High private tech valuations the result of investors betting against doomed public incumbents unable to innovate

Bubble, My Ass: Some Unicorns Might Be Overvalued, But All Dinosaurs Gonna Die.  —  Summary: pundits argue billion-dollar startups are overvalued, but few realize … Tweets: @mdudas , @mitchellharper , @valaafshar , @zack and @abatalion Tweets: Mike Dudas / @mdudas : 15-20x public P/E multiples too high, as waves of tech Unicorns are going to eat public Dinosaurs: https://t.co/RsGzBZ9cU6 via @davemcclure Mitchell Harper / @mitchellharper : An interesting post by @davemcclure on Unicorns and the S&P 500 dinosaurs: http://medium.com/... Vala Afshar / @valaafshar : Dear dinosaur companies, startups are going to eat your lunch and here's why: http://medium.com/... http://twitter.com/... Zachary Rosen / @zack : Epochal technology booms are more massive than we can comprehend but take longer than investors like to play out https://medium.com/... Aaron Batalion / @abatalion : Another great @davemcclure post. Innovation is indeed accelerating. http://medium.com/... Also thankful @medium allows only 1 font color. Expand More For Next 2 Unexpand More For Next 2

Medium Dave McClure