Gates: Internet companies riding a ‘mini bubble’
Microsoft chairman Bill Gates said that a “mini bubble” has emerged among Internet companies, but that it probably won’t reach the level of the previous dot-com boom. “We are back in a mini-bubble era in terms of people expecting a lot of these valuations, but I don’t think we’ll see the same amount of exits the way we did,” Gates said last Friday at the software giant’s fifth annual online advertising conference.
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